Bahrain Islamic Bank
IndustryFinancial services
Founded7 March 1979
HeadquartersAl Salam Tower, Building 722, Road 1708, Block 317,
Manama
,
Bahrain
Number of employees
329 (2022)
Websitebisb.com

Bahrain Islamic Bank is a commercial bank based in Manama, Bahrain, founded on 7 March 1979, and started operating from the beginning of the Hijri Year 1400 (2nd of Muharram) which was the 22 November 1979.[1][2]

It is the first islamic bank in the Kingdom of Bahrain, works under supervision of the Central Bank of Bahrain and is listed on the Bahrain Stock Exchange.[3]

In January 2016, the Moody's Investors Service confirmed its ratings and upgraded the standalone baseline credit assessment (BCA) to b3 from caa1.[4]

See also

References

  1. ↑ "بنك البحرين الإسلامي: خطة طموحة لزيادة النمو اعتماداً على الخبرة العميقة في علوم وفنون الصيرفة الإسلامية". 19 November 2004. Retrieved 27 September 2021.
  2. ↑ "Company Overview of Bahrain Islamic Bank B.S.C." Retrieved 19 March 2017.
  3. ↑ "History". Archived from the original on 1 March 2017. Retrieved 19 March 2017.
  4. ↑ "Moody's confirms Bahrain Islamic Bank's Ba3 issuer ratings; upgrades BCA to b3 from caa1 and assigns positive outlook". 26 January 2016. Retrieved 19 March 2017.


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