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Dubai Islamic Bank Boosts Stake in Turkey’s Digital Bank to 25%
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Dubai Islamic Bank Boosts Stake in Turkey’s Digital Bank to 25%

Dubai Islamic Bank (DIB), the UAE’s leading Shariah-compliant lender, has increased its ownership in Turkey’s T.O.M. Group of Companies to 25%. This marks a rise from its earlier 20% stake, utilizing an option tied to its initial acquisition in September 2023, according to Zawya. The T.O.M. Group consists of several financial entities, including T.O.M. Katılım...