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Tag Archives: JS Group stopped from acquiring BankIslami

JS Group stopped from acquiring BankIslami


March 7, 2023

KARACHI: The Sindh High Court on Monday restrained the JS Group from acquiring majority shares of BankIslami till next hearing. A single-judge bench headed by Justice Mohammad Shafi Siddiqui also issued notices to JS Bank, Jahangir Siddiqui & Company Ltd, State Bank of Pakistan, BankIslami and other defendants for a date to be fixed in two weeks. The AKD Investment …

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