Bahrain secured a ranking 1st globally in Islamic Finance Regulations in this year’s edition of the ICD-LSEG Islamic Finance Development Report, cementing the island nation’s standing as a leading pioneer in Islamic financial regulation on an international level. Assessing the global industry’s performance during 2022, the report demonstrated the transformation of the Islamic finance industry […]
Bahrain has ranked fourth in the world and second in MENA for Islamic finance development according to the 2021 Islamic Finance Development Indicator – IFDI 2021 by Refinitiv, a London Stock Exchange Group (LSEG) business, the world’s leading provider of intelligent information for businesses and professionals. The Islamic Finance Development Indicator (IFDI), which provides a […]
September 04, 2014 Manama: For the second year in a row, Bahrain has been named the GCC’s leading Islamic finance market and second out of 92 countries worldwide, according to the ICD-Thomson Reuters Islamic Finance Development Indicator (IFDI). As well as being highly ranked in terms of the Kingdom’s commitment to research and [...]
February 03, 2014 Conference to focus on current issues and reducing involvement from European Banks Manama, Kingdom of Bahrain: Public and private sector leaders from across the region will gather today in Bahrain for the MEED Project & Infrastructure Finance Conference. Sponsored by the Ministry of Finance and the Bahrain Economic Development Board [...]
Research by the Islamic Development Bank and Refinitiv puts Kingdom in the lead regionally and second globally Seventh consecutive first-place ranking based on robust and supportive regulation and increases in number of Islamic Banking Assets and number of institutions offering Islamic Finance Continued success comes despite backdrop of slowing growth in the Islamic Banking sector […]
June 14, 2016 A who’s who of the world’s top Islamic finance figures convened at the Four Seasons Hotel Bahrain Bay on 3rd - 4th May to tackle the theme of “Rethinking Values of Sustainable Growth”, at the General Council for Islamic Banks and Financial Institutions (CIBAFI) Global Forum. Held under the [...]
November 23, 2014 Manama, Economic Development Board, 23rd November 2014: Officials from the Economic Development Board are in Frankfurt/Main this week to attend the annual Frankfurt Euro Finance Week 2014. Dr Jarmo Kotilaine, Chief Economist at EDB is one of the MENA experts giving a keynote address on Bahrain’s role as the hub of [...]
The Kingdom of Bahrain ranked second in MENA and third globally in Islamic finance, one of the key areas in the 2022 State of the Global Islamic Economy Indicator by DinarStandard, a growth strategy research and advisory firm empowering organizations for profitable and responsible global impact. The indicator measures the development of the Islamic economy […]
– Delegation of senior government and private sector leaders hold high-level talks with investors – Manama, 20 March 2017: The Bahrain Economic Development Board (EDB) participated in the Innovate Finance Global Summit in London, UK, on 19-20 March, convening a senior delegation to showcase investment opportunities in Bahrain’s financial services sector and position the Kingdom […]
STARTUP MGZN, 2019 Souqalmal.com, the region’s leading personal finance comparison platform has officially launched operations in Bahrain. Not only was Souqalmal one of the first companies to be granted an e-broker license by the Central Bank of Bahrain (CBB) back in June, it has now become the first aggregator to introduce insurance comparison services in the […]
Reposted from Arabian Business Through careful planning and bold regulatory reforms, Bahrain is poised to become a major hub for finance, technology and innovation, according to a new report by the Milken Institute. However it added that Bahrain needs to continue its efforts to overcome challenges and achieve the objectives laid out in the kingdom’s […]
