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06 Apr 2021
Ithmaar Bank to fast-track Murabaha transactions following key Bahrain Bourse agreement
MANAMA, BAHRAIN – 6 April 2021 –Ithmaar Bank, a Bahrain-based Islamic retail bank, announced today (ed note: 06/04/21) that it has signed an agreement with the Bahrain Bourse allowing the Bank to utilise the Ijara Sukuks issued by the Central Bank of Bahrain (CBB) as underlying assets to complete Murabaha Finances using an innovative, Sharia-compliant brokerage service introduced by the Bourse through its electronic platform. |
04 Apr 2021
Ithmaar Bank offers advanced salary exclusively for mobile app users
MANAMA, BAHRAIN – 4 April 2021 – Customers of Ithmaar Bank, a Bahrain-based Islamic retail bank, can now get their net salary fifteen days in advance, instantly and directly from their mobile phones, by using the Bank’s dedicated mobile application (App). |
16 Mar 2021
Ithmaar Bank launches special financing offers for Deerat Al Oyoun phase two villas
MANAMA, BAHRAIN – 16 March 2021 – Ithmaar Bank, a Bahrain-based Islamic retail bank, announced the launch of special financing offers for villas at the Deerat Al Oyoun Phase Two development in Diyar Al Muharraq. The special financing offers are designed exclusively for beneficiaries of the Mazaya programme, the Kingdom of Bahrain’s social housing scheme that aims to help eligible nationals buy their first homes. |
23 Feb 2021
Ithmaar Bank honours 36 long-serving employees, reports 97% Bahrainisation
MANAMA, BAHRAIN – 23 February 2021 – Ithmaar Bank, a Bahrain-based Islamic retail bank, recognised 36 employees, including 35 Bahrainis, for their contributions to the bank’s ongoing success. They were presented with cash and certificates for completing 10, 15, 20, 25, 30, and 35 years of service. |
18 Feb 2021
Ithmaar Bank reports 2020 financial results, continues stable, customer-centric growth
MANAMA, BAHRAIN – 18 February 2021 – Ithmaar Bank B.S.C. (Closed), a Bahrain-based Islamic retail bank, said it continues to focus on customer-centric growth and on becoming the Islamic retail bank of choice as it announced its financial results for the year ended 31 December 2020. |