REUTERS: The Bahrain-based International Islamic Financial Market (IIFM) launched a standard contract template for sharia compliant cross currency swaps on Thursday, as the industry body seeks to enhance use of hedging tools in the sector.As Islamic finance grows, institutions are increasingly taking larger positions, often in various currencies, prompting the need for widely-accepted mechanisms to manage such risks.It is the seventh standard issued by the IIFM, a non-profit industry body which develops Read more [...]

Manama, Nov. 26 (BNA): The Central Bank of Bahrain (CBB) announced Al Salam Bank-Bahrain as a Gold Sponsor for the Women in the Financial and Banking Sector (WIFB2015) Conference slated to be held on November 30 under the patronage of Her Royal Highness Princess Sabeeka bint Ibrahim Al Khalifa, Wife of His Majesty the King and President of the Supreme Council for Women. The conference, which will bring together more than 250 regional and industry Read more [...]

Bahrain PM orders red tape crippling business to be slashed MANAMA, 0 hours, 36 minutes ago Tags: business | Red | tape | crippling | Read more [...]

The event was held under the patronage of H H Sayyid Faisal bin Turki al Said and in the presence of Sheikh Khalid Muhammad al Zubair, chairman, Injaz Oman and Injaz al Arab's Board of Directors. Electronic company from Morocco won the High School Product of the Year award  and Drops from Saudi Arabia won the High School Company for Best Social Impact award. Sheikh Zubair said, “Today is a lovely moment where we celebrate Injaz al Arab’s ambitious entrepreneurs, who have proven that they are Read more [...]