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Sumitomo Mitsui Financial Group Inc.

Japanese bank launches Shariah branch in Malaysia

Japan’s Sumitomo Mitsui Banking Corp (SMBC) will launch a fully Shariah-compliant Islamic finance operation in Malaysia, Japan’s Jiji Press reported on March 10. The...

Japanese bank Sumitomo Mitsui Financial Group Inc. said on May 8 it has reached an agreement to pay around $1.52 billion to acquire a...