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islamic finance

Bahrain Islamic Index closes higher

May 9, 2022

Manama, May. 8 (BNA): Bahrain All Share Index closed at 2,042.80 points, marking a decrease of 11.50 points below the previous closing. This decrease......

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Bahrain ranks 2nd in Mena, 3rd globally in Islamic finance

April 27, 2022

The Kingdom of Bahrain ranked second in Middle East and North Africa (Mena) and third globally in Islamic finance, one of the key areas in the 2022......

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Al Fateh Islamic Center among Bahrain's premier attractions in Ramadan

April 22, 2022

Manama, Apr. 21 (BNA): Around 650 people have so far visited the Ahmed Al Fateh Islamic Center since the start of the blessed month of Ramadan. ......

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Justice Ministry, BIBF sign cooperation agreement to train judges

April 19, 2022

(BNA): The Justice, Islamic Affairs and Endowments Ministry, the Waqf (Endowment) Fund and the Bahrain Institute of Banking and Finance (BIBF), the......

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Al Baraka inks finance deal with Burooj Property Development

April 18, 2022

Al Baraka Islamic Bank, one of the leading Bahraini financial institutions, has signed a MoU with Burooj Property Development to provide sharia’a......

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CBB Sukuk Al-Salam Securities oversubscribed by 254%

April 12, 2022

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 254%. Subscriptions......

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Kuwait Finance House-Bahrain announces the launch of its Ramadan Auto Financing campaign

April 11, 2022

Based on the success of the previous years’ campaign, Kuwait Finance House – Bahrain announced the launch of this year’s auto finance......

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Bahrain Islamic Bank holds OGM and EGM

March 29, 2022

Bahrain Islamic Bank (BisB) today held its Ordinary and Extra-Ordinary General Meetings at the Al Dana Hall – Gulf Hotel Bahrain Convention......

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Bahrain's Infracorp lists $900m green sukuk in London

March 28, 2022

Infracorp has announced the issuance of a $900 million sukuk, the first-ever green sukuk issued by a Bahraini entity, which has been listed on London......

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$2.2bn Ithmaar deal a boost to Al Salam growth journey

March 21, 2022

Al Salam Bank’s $2.2 billion acquisition of Ithmaar Bank consumer banking division and a number of other assets is seen as a critical step......

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