SICO held its 2026 virtual AGM, approving a 7.5% cash dividend, endorsing 2025 financial statements, and reporting BD5.5 million ($14.6 million) net profit, with participation from regulators, shareholders, board members, and external auditors.
SICO, a leading regional asset manager, broker, market maker, and investment bank with physical presence in Bahrain, Saudi Arabia, and the UAE, has announced an expanded product suite of $500 million in new transactions and investment initiatives during the Gateway Gulf 2025 Forum in Manama.
SICO, licensed as a conventional wholesale bank by the Central Bank of Bahrain (CBB), said its consolidated net profit attributable to shareholders grew 6% year-on-year, to record BD2.2 million ($5.7 million) in the third quarter of 2025 compared to BD2 million ($5.4 million) for the same quarter last year.
SICO, a leading regional asset manager, broker, market maker, has been appointed by Flooss Bahrain, a digital platform providing Sharia-compliant financing, to act as financial advisor and lead manager for a proposed securitisation sukuk issuance of up to $10 million.
