Al Baraka Banking Group (ABG), a Bahrain-based Islamic bank, has reported net profit of $143 million for the first half of the year.
While balance sheet items increased moderately. Total assets increased by five per cent, total financin
Bahrain-based Al Baraka Banking Group (ABG) is collaborating with the World Bank for research into risk management and enabling environment in Islamic finance.
The partnership's first initiative, part of a planned series of research
Al Baraka Islamic Bank has launched a new promotional campaign in collaboration with Harley-Davidson Motorcycle Bahrain which will run until Eid Al Fitr.
Competitive financing profit, free insurance and registration for 2014 model
Bahrain-based Al Baraka Banking Group said it is considering issuing subordinated Islamic bonds through its South African and Pakistani units to boost their regulatory capital.
The Islamic bank's plans come at a time when sove
Al Baraka Bank Tunis, a subsidiary banking unit of Al Baraka Banking Group (ABG), said its net income for last year increased by 25 per cent to $6.5 million.
Total income stood at $30 million, increasing by 8 per cent compared wit
Jordan Islamic Bank (JIB), a subsidiary of Bahrain-based Al Baraka Banking Group, posted a net profit of $14.71 million for the first quarter as against $14.68 million during the same period last year.
Al Baraka Banking Group pres
Al Baraka Banking Group will today start distributing $36.69 million cash dividend for 2013 to its shareholders.
Shareholders entitled according to the register are as of the Annual General Meeting dated March 23. The dividend pay
Batelco, the leading telecom company in Bahrain, has signed an agreement with Al Baraka Banking Group (ABG), to provide ICT Infrastructure and system works for Al Baraka’s ABG Towers Project, the Group’s new headquarters at Bahrain B
Al Baraka Banking Group (ABG) shareholders have approved cash dividend payout and bonus share issue amounting to $82.3 million besides the bank's move to raise its capital to $1.09 billion.
This came about during the Bahrain-b