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Islamic investment bank GFH has reported that Bahrain's High Civil Court has dismissed the Labor Case (amounting to $13.
For further depth globally, Islamic banks need to consolidate to achieve scale in addition to an investment bank to underwrite sukuk issuances, Citi Islamic Investment Bank said.
According to Reuters, Al Amanah Islamic Investment Bank, based in the Philippines, could be on its path to revival following a peace plan, a lifting of foreign ownership limits and the drafting of new Islamic banking rules.
The Bahraini Islamic investment bank Gulf Finance House (GFH) on Tuesday has unleashed its financial report card for the financial year 2013.
The European Islamic Investment Bank has removed Abed Al Zeera from the shariah compliant group's board, with immediate effect, after an unanimous written decision from all of the other directors of the company.
Muscat: alizz islamic bank, which is opening its RO40 million initial public offering on September 22, will get expertise in Islamic banking from its co-promoter First Energy Oman, a wholly-owned subsidiary of Bahrain-based Islamic investment bank - First Energy Bank, Bahrain.
Three Islamic investment banks in the Gulf island kingdom of Bahrain say they have agreed to merge.
Bahrain-based Islamic investment bank, Gulf Finance House appoints Hisham Alrayes as Acting Chief Executive Officer.