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)
Important/Recent Developments
Bahrain Islamic Bank is in the process of merging with Al Salam Bank.
|
Merger
Status
In-Process
Companies
Announcement Date
31 Oct 2011
|
Auditors
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) |
| Note: Current shares outstanding is 939,673,499 |
| » View Full Financials |
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