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Bahrain is home for modern Islamic banking & finance

Abdul Rahman Mohammed Al Baker, Executive Director Financial Institutions Supervision at CBB

The Kingdom of Bahrain has emerged as the home of modern Islamic banking and finance. The Central Bank will continue to work tirelessly on the issue of human resources development for IFIs and standardisation of sharia’h products, according to a [...]

May 14th, 2012 | Posted in Central Bank of Bahrain,Islamic Banking | Read More »

Central Bank to implement IBAN by early 2012

Ahmed Buhijji CBB's Director for Banking Services

Central Bank of Bahrain announced that from 31st January 2012, all bank customers in Bahrain need to use an IBAN when making or receiving electronic payments through banks within Bahrain or overseas. This means a person wishing to make a [...]

December 29th, 2011 | Posted in Central Bank of Bahrain | Read More »

Bahrain & Ireland Sign Memorandum of Understanding

CBB Ireland seals agreement

Mahmood Rafique Bahrain welcomed a high-level Irish delegation led by John Bruton, Chairman of Ireland’s International Financial Services Centre (IFSC) and other representatives from Ireland’s financial services industry. During their visit, the delegation hosted a seminar entitled “Ireland – the [...]

December 19th, 2010 | Posted in Banking & Finance,Central Bank of Bahrain,Headline,LOCAL NEWS | Read More »

CBB Governor lauds global expansion of Albaraka Banking Group

CBB Governor, Al Maraj with Adnan Yousif & other officials and members of the ABG delegation.

Rasheed Mohammed Al Maraj, Governor Central Bank of Bahrain (CBB) lauded the efforts undertaken by the ABG to develop the Islamic finance industry and taking it to the different markets across the world. Al Maraj also congratulated the ABG for [...]

December 19th, 2010 | Posted in Banking & Finance,Central Bank of Bahrain,Headline,LOCAL NEWS | Read More »

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