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islamic finance

CIBAFI Online Technical Workshop Dives into Legal Aspects of Islamic Finance

March 29, 2023

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

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KFH Bahrain announces the winner of the Libshara Monthly Grand Prize of $100,000 for the month of February

March 21, 2023

Kuwait Finance House-Bahrain (KFH) announced Ms. Salwa Ahmed Abdulla as the $100,000 Monthly Grand Cash Prize Winner for the month of February 2023,......

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Bank ABC arranges landmark $600m Sukuk Issuance for ALC

March 17, 2023

Bank ABC, one of Mena’s leading international banks, has acted as the Sole Arranger, Structurer and Joint Lead Manager (JLM) and Bookrunner......

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Bahrain Islamic Index closes higher

March 16, 2023

Manama, Mar. 15 (BNA): Bahrain All Share Index closed at 1,898.89 points, marking a decrease of 7.52 points below the previous closing. This decrease......

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Justice, Islamic Affairs and Endowments Minister honours Bahrain banks

March 9, 2023

Manama, Mar.7 (BNA): Minister of Justice, Islamic Affairs and Endowments Nawaf bin Mohammad Al-Maawda received National Bank of Bahrain Chairman......

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CBB Sukuk Al Ijara oversubscribed by 574%

March 8, 2023

Manama, March. 7 (BNA): The Central Bank of Bahrain (CBB) announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara,......

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BIBF and Strathclyde to develop programmes in digital transformation, sustainability, and islamic finance

March 2, 2023

The Bahrain Institute of Banking and Finance (BIBF) recently received Professor David Hillier, Dean of Strathclyde Business School, accompanied by......

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Bahrain All Share Index, Islamic Index close higher

February 24, 2023

Manama, Feb. 23 (BNA): Bahrain All Share Index today closed at 1,939.27 points marking an increase of 3.06 points above the previous closing. This......

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Bahrain All Share Index, Islamic Index end trading highe

February 23, 2023

Manama, Feb. 22 (BNA): Bahrain All Share Index has closed at 1,936.21 points marking an increase of 0.34 points above the previous closing. This......

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Al Baraka Islamic Bank posts record net profit of $16.45m

February 22, 2023

Bahrain-based Al Baraka Islamic Bank has seen its 2022 net profit shoot up to BD6.2 million ($16.45 million) at the end of 2022, the highest in its......

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