Elaf, Ohad set up Malaysian JVBahraini Islamic bank Elaf has joined hands with Ohad Trust, a leading provider of fund administration, custodian and trust services based in Bahrain, to set up a joint venture in Labuan, Malaysia. The new company Ohad Labua More… |
BisB bounces back with $8.5m profit for H1Bahrain Islamic Bank (BisB) managed a powerful turnaround in the first half of the year posting a net profit of BD3.2 million ($8.5 million) against a loss of BD5.7 million in the first half of 2011. The bank registered a net profit of BD1 More… |