Thursday 24 April 2014
 
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Bahraini Islamic bank

Elaf, Ohad set up Malaysian JV

Bahraini 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

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BisB bounces back with $8.5m profit for H1

Bahrain 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

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