KUALA LUMPUR: Pelaburan Mara Bhd (PMB) will go into a joint venture with Saudi Arabian-based Islamic Development Bank and inject RM100mil into just-acquired KFH Ijarah House (M) Sdn Bhd to conduct syariah-compliant financial services, targeting the commercial sector.
KFH Ijarah House will be renamed PMB Tijari Bhd and will be 80:20 owned by PMB and Islamic Development Bank.
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