Wednesday 7 December 2016
 
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Ithmaar Bank

Ithmaar Bank’s Pakistan unit posts $35m profit

Ithmaar Bank, a Bahrain-based Islamic retail bank, has announced that its retail banking subsidiary in Pakistan, Faysal Bank (FBL), made a profit after tax of $35 million during the first nine months of 2016, reported the Gulf Daily News

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Ithmaar 9-month profit rises to $16.7m

Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a net profit of $16.73 million for the nine-month period ended September 30, compared to $11.39 million net profit reported for the same period last year. Net profit

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Khaleeji Commercial posts $12m net profit

Khaleeji Commercial Bank (KHCB), a Bahraini Islamic retail bank, announced a net profit of BD4.58 million ($12 million) for the nine months ended September 30, reported the Gulf Daily News, our sister publication. To read

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Ithmaar Bank’s 9-monthprofit hits $16.73m

Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a net profit of $16.73 million for the nine-month period ended September, reported the Gulf Daily News, our sister publication. To read further, please visit

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Ithmaar Bank posts $12m net profit in H1

Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a net profit of $11.96 million for the first half of 2016, an 8.3 per cent decrease compared to the $13.04 million net profit reported for the same period last year.

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Ithmaar Bank subsidiary posts record profit

Ithmaar Bank, a Bahrain-based Islamic retail bank, has announced that its retail banking subsidiary in Pakistan, Faysal Bank Limited, has registered a record profit for 2015, according to a report in the Gulf Daily News, our sister publ

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Ithmaar announces social media milestone

Ithmaar Bank, a Bahrain-based Islamic retail bank, has announced that it is the first bank in the kingdom to have its account on the popular micro-blogging site Twitter formally verified, according to a report in the Gulf Daily News, ou

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Oil prices ‘likely to slide until mid-year’

Oil price slide is expected to continue until mid-year to reach $20 a barrel or less, said banking expert Khalid Janahi yesterday (January 30). However, prices are likely to rise to $45-$50 per barrel by the year-end in view of

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Tamkeen, Ithmaar launch new finance scheme

Ithmaar Bank and Bahrain’s labour fund Tamkeen yesterday (November 28) announced the launch of a joint financing solution designed specifically to support private sector enterprises in the kingdom. The announcement follows a

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Ithmaar Bank signs agreement with Aramex

Ithmaar Bank, an Islamic retail bank based in Bahrain, has signed a MoU with leading global logistics solutions provider Aramex to offer its cardholders a discounted lifetime Aramex “Shop and Ship” membership, as well as exclusive di

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