Saturday 27 August 2016
 
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Ithmaar Bank

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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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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Ithmaar internships for university students

Ithmaar Bank, a Bahrain-based Islamic retail bank, recently hosted twenty-three undergraduate students from five Bahrain universities for a two month-long summer internship at the bank. The Internship Programme offers trainees fir

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Ithmaar reopens enlarged branch in Bahrain

Ithmaar Bank, a Bahrain-based Islamic retail Bank, has reopened its West Riffa branch after enlarging it to accommodate additional tellers and customer service stations as well as dedicated facilities for female customers. The exp

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Ithmaar Bank H1 net profit soars 634pc

Ithmaar Bank, a Bahrain-based Islamic retail bank, has posted a net profit of $13 million for the first half of 2015, as compared to a net profit of $1.77 million for the same period last year, marking a rise of 634 per cent. Net

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