Saturday 10 December 2016
 
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Ibdar Bank

Ibdar Bank exits aviation deals

Bahrain-based wholesale Islamic Investment bank Ibdar Bank has announced the successful exit along with its investors through the sale of five Bombardier Q400 NextGen aircraft for an undisclosed amount. The aircraft were leased to

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Ibdar launches shari’ah trade finance fund

Ibdar Bank, a Bahrain-based wholesale Islamic Investment bank, has announced the launch of the Barak Ibdar Shari’ah Trade Finance Fund, a parallel fund of the Barak Trade Finance Fund. Ahmed Al-Rayes, acting chief executive

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BIBF signs training deal with Ibdar Bank

Bahrain Institute of Banking and Finance (BIBF) has signed a memorandum of understanding (MoU) with Ibdar Bank to deliver a tailor-made Islamic finance specialised masterclass on Islamic investment banking, reported the Gulf Daily News,

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Ibdar Bank H1 revenues up 51pc to $11m

Bahrain-based Ibdar Bank, a wholesale Islamic investment bank, has reported total revenues of $11.1 million during the first half of the year, an increase of 51 per cent above the prior-year period in 2014. Total profits for the p

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Bahrain-Dubai joint venture closes third Bombadier deal

A Bahrain-Dubai joint venture has closed a $94 million deal at list prices for the lease of three Bombardier Q400 NextGen planes, its third sharia-compliant aviation deal since December, said an executive at one of the firms. Use of lea

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Ibdar Bank eyes larger deals after 3-way merger

Bahrain's Ibdar Bank hopes to leverage the combined expertise of its predecessor banks and a larger balance sheet to win business which its three legacy banks struggled to individually, its chief investment officer told Reuters in an intervi

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