Kuwait Finance House-Bahrain (KFH-Bahrain) and the Social Insurance Organisation (SIO) have signed a MoU to provide government employees with Sharia-compliant personal financing.
The MoU was signed by SIO chief executive Zakariya
The National Bank of Bahrain (NBB) and Social Insurance Organisation (SIO) are in preliminary discussions with the Kuwait-based Investment Dar Company (TID) to acquire a key stake in Bahrain Islamic Bank (BisB), said a report.
The least pension paid to the retired from the public and private sectors in Bahrain starting August 28 will be BD275 ($730), which includes the newly launched BD75 monthly allowance, said a senior official.
This would be an increase from