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عربي

Bahrain Islamic Bank

   (BISB.BSE)
Also known as: BisB
Last Trade
0.090BHD
0.00%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Aug 29, 2011
 
 
 
Country

Bahrain

Ownership Type
Company Type
Joint Stock
 
 
 
Zawya Industry Classifications (ZIC)
Sector Industry

Financial Services

 
Principal Activities
Provides Islamic commercial banking services including deposits, loans and credit cards; asset management services including fund and wealth management.
 
Date of Establishment Year
1979 (March)
 
No of Employees
380 Company, N/A Group (As of Aug 25, 2011)
 
No of ATMs
52
 
Important/Recent Developments
Bahrain Islamic Bank is in the process of merging with Al Salam Bank.
 
Branches
Bahrain (13)    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Bahrain SE  BISB BISB.BSE Ordinary BHD
 
 
Contact Details
Address:
Al Salam Tower
Diplomatic Area
P.O. Box 5240
Manama  
Capital
Bahrain
 
Tel:
+973 17-546111
 
Fax:
+973 17-535808
 
Email:
info@bisb.com
 
Website:
www.bisb.com
 
Related Links:
www.abaadrealestate.com

 
 
 M&A Details
 
Merger
 
Status
In-Process
 
Companies
 
Announcement Date
31 Oct 2011
 
 
 Major Shareholders  Section Updated: 28Nov11
Name   Type  Country  Holding 
Investment Dar Company  Corporate Kuwait 39.75% 
Islamic Development Bank  Government Saudi Arabia 17.68% 
Kuwait Investment Company  Corporate Kuwait 11.81% 
Kuwait Awqaf Public Foundation  Government Kuwait 7.27% 
Public   - 23.49% 
 
 
 Foreign Ownership Limits
 
Owned Permitted
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Abaad Real Estate Company Bahrain 100.00%
Liquidity Management Centre Bahrain 25.00%
Takaful International Company Bahrain 22.75%
Investments
Name  Country  Holding 
Islamic International Rating Agency Bahrain 8.95%
Capivest Investment Bank Bahrain 7.99%
Islamic Trading Company Bahrain 2.40%
Al Baraka Islamic Bank Bahrain 2.00%
 
 
 Representatives
Auditors
Ernst and Young Bahrain  
Law Firms
Seyadi attorneys Law and Legal Consultants Al Awadi Legal and Arbitration Firm
 
 
 Financial Results  31-Dec-10  31-Dec-11   Yr on Yr 
  BHD'000 BHD'000 change (%)
Total revenues  41,142 63,354 53.99
Net profit  (39,712) (17,352) 56.31
Total assets 935,674 839,143 (10.32)
Paid-up capital 72,859 93,967 28.97
Shareholders' Equity 100,061 101,329 1.27
Shares outstanding 728,590 939,670 28.97
Market capitalization 92,531 84,571 (8.60)
» View Full Financials