Monday 3 August 2015
 
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Ithmaar

Tamkeen, Ithmaar Bank expand finance scheme portfolio

Bahrain's labour fund Tamkeen and Ithmaar Bank have signed an agreement to add BD10 million ($26.3 million) to their joint enterprise finance scheme portfolio as part of efforts to provide financing solutions for enterprises to meet their ne

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Ithmaar launches shariah-compliant prepaid e-card

Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched a new sharia-compliant prepaid e-Card. A statement said the card is ‘designed to provide customers a faster, safer and more convenient online shopping experienc

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Ithmaar wins award for excellence

Bahrain-based Islamic retail bank Ithmaar Bank has received Standard Chartered Bank’s Straight Through Processing (STP) Excellence Award. The award is for Ithmaar Bank achieving 94.5 per cent efficiency in the execution of e

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Ithmaar Bank seeking IFRS alternatives

Bahrain-based Ithmaar Bank, an Islamic retail bank, has announced it is open to exploring alternatives in consultation with Kuwait Stock Exchange, with regard to compliance with International Financial Reporting Standards (IFRS).

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Dilmunia island plot sold for $23.6m

Ithmaar Development Company announced today the sale of a strategic plot on the Dilmunia island in Bahrain to Kuwaiti developer and hospitality investor Kuwait Resort Company, an affiliate of Al Tijaria, the Commercial Real Estate Company.

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Ithmaar Bank launches loyalty programme

Ithmaar Bank, a Bahrain-based Islamic retail bank, in collaboration with MasterCard, has launched a new comprehensive value-added credit cards loyalty rewards programme - Ithmaar Rewards. The programme includes new and unique feat

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Ithmaar Bank eyes return to profitability this year

Ithmaar Bank, a Bahrain-based Islamic retail bank, expects to return to profitability this year, chief executive Ahmed Abdul Rahim said yesterday (March 31). He said that efforts to turn the group around are paying off, as is evid

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Gulf Air signs discount deal with Ithmaar Bank

Ithmaar Bank cardholders will get discounted pricing for Gulf Air online ticket purchases, following the signing of an agreement between the two organisations. The agreement was signed by Gulf Air acting chief financial officer Sa

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Ithmaar website bags top international awards

Ithmaar Bank, a Bahrain-based Islamic retail bank, has won two international awards for its website. In a statement, the bank said its website won two silver awards at the W3 Awards - the first in the general website category for

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Ithmaar in deal to provide healthcare service to cardholders

Ithmaar Bank, a Bahrain-based Islamic retail bank, has signed a strategic partnership deal with Wellmed Clinic, a leading orthopaedic specialist clinic, to provide value added healthcare services to its cardholders. The agreement

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