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
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
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