PMA Notifies the Public that the so Called "Islamic National Bank" is Not Legal
The Palestine Monetary Authority has stated that the so-called "Islamic National Bank" in Gaza hasn't applied for the license to engage in banking activities in Palestine in accordance with the provisions of the Banking law.
Accordingly, the PMA notifies the public that the so called "Islamic National Bank" is not legal and warns them not to conduct business with it. And it recommends the Palestinians to deal only with the banks licensed by the PMA.
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