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islamic finance


Bahrain lslamic Index gains 3 points

November 25, 2020

Manama, Nov. 24 (BNA): Bahrain All Share Index has closed at 1,460.53 points marking a decrease of 0.11 points below the previous closing. This......

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Bank ABC Islamic announces $22.3 million net profit

November 15, 2020

Manama, Nov. 15 (BNA): Bank ABC Islamic said that its net profit for the first nine months of the year was $22.3 million, lower than the $28.9 million......

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Bahrain lslamic Index closes higher

October 28, 2020

Manama, Oct. 27 (BNA): Bahrain All Share Index has closed at 1,427.46 points marking a decrease of 7.49 points below the previous closing. This......

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Zakat Fund launches “Smile of Hope” Project to support kids with cancer in Bahrain

October 25, 2020

The Assistant Undersecretary for Islamic Affairs at the Ministry of Justice, Islamic Affairs and Endowments, His Excellency Dr. Mohammed Taher Mohammed......

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BisB embarks on a strategic partnership with CBB to launch FinHub 973

October 25, 2020

Bahrain Islamic Bank (BisB) announced its strategic partnership with FinHub 973: CBB (Central Bank of Bahrain) Digital Lab, the Kingdom’s latest......

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Bahrain Islamic Index gains about 5 points

October 15, 2020

Manama, Oct. 14 (BNA): Bahrain All Share Index has closed at 1,476.61 points marking a decrease of 5.62 points below the previous closing. This......

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Bank of Bahrain and Kuwait acquisition of Ithmaar takes a step forward

October 15, 2020

The Bank of Bahrain and Kuwait's acquisition of Ithmaar has taken a step forward. BBK said in a bourse filing on Tuesday (Oct 13) that it is......

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CBB Sukuk Al Ijara oversubscribed by 419%

October 7, 2020

Manama, Oct. 6 (BNA): The monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 419%, the Central Bank......

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Al Baraka Islamic Bank wins “Best Innovation in Retail Marketing in Bahrain” Award

October 7, 2020

Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, has been awarded the ‘Best......

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CIBAFI launches online technical workshop themed Maqasid al Shariah in Islamic Finance

September 30, 2020

The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions has successfully......

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