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Largest Azerbaijani bank determines consultant to provide products and services of Islamic banking

Business Materials 12 July 2011 20:31
The International Bank of Azerbaijan (IBA) has selected the consortium of companies Salans, KPMG, Pinsent Masons and Dar al Shariah as a consultant to create a specialized structure to provide products and services of Islamic banking, the bank reported on Tuesday.
Largest Azerbaijani bank determines consultant to provide products and services of Islamic banking

Azerbaijan, Baku, July 12 /Trend/

The International Bank of Azerbaijan (IBA) has selected the consortium of companies Salans, KPMG, Pinsent Masons and Dar al Shariah as a consultant to create a specialized structure to provide products and services of Islamic banking, the bank reported on Tuesday.

The tender committee considered the proposals of four contenders: local Ekvita Company, which acted in cooperation with the Islamic Finance Advisory Assurance Services; Ernst & Young in cooperation with Baker McKenzie; PricewaterhouseCoopers and a consortium consisting of Salans, Pinsent Masons, KPMG and Dar Al Shariah.

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