(CBB)

Sukuk Al-Salam issue 200 fully subscribed

Manama - Muslimchronicle

The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al-Salam Islamic securities, has been subscribed by 100%. Subscriptions worth BD43 million were received for the BD 43 million issue, which carries a maturity of 91 days. The expected return on the issue, which begins on 20th December 2017 and matures on 21st March 2018, isRead more

Sukuk Al-Ijara issue 148 fully subscribed

Manama - Muslimchronicle

The Central Bank of Bahrain (CBB) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been Subscribed by 100%. Subscriptions worth BD 26 million were received for the BD 26 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 14th December 2017 and matures onRead more

Bahrain issues ETFs regulations

Manama - Muslimchronicle

The Central Bank of Bahrain (CBB) has released directives for both offshore and locally domiciled Exchange-Traded Funds (ETFs), as part of the its commitment to further enhance the Collective Investment Undertakings ("CIUs") in the Kingdom of Bahrain under Volume 7 of CBB Rulebook. The new directives will expand the categories of locally domiciled mutual funds to include ETFs as anotherRead more

Government Treasury Bills issue 1646 subscribed by 233%,

Manama - BNA

This week’s BD 70 million issue of Government Treasury Bills has been subscribed by 233%, according to the Central Bank of Bahrain (CBB). The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain. The issue date of the bills is 05th April 2017 and the maturity dateRead more

Bahrain equals global financial hub

Manama - BNA

Bahrain’s latest three financial laws will be the focus of an outreach programme introduced by the Economic Development Board (EDB) in partnership with the Central Bank of Bahrain (CBB). The programme aims to explain the importance of the "Trusts Law", the "Investment Limited Partnership" and the "Protected Cells Companies" to financial institutions and banks in the Kingdom, while also promoteRead more

Sukuk Al-Ijara issue 140 oversubscribed by 161%

Manama - BNA

The Central Bank of Bahrain (CBB) announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been over-subscribed by 161%. Subscriptions worth BD 41.8 million were received for the BD 26 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 13th April 2017 and matures on 12thRead more

Bahrain to host cybersecurity forum/expo 2017

Manama - BNA

Under the patronage of the Central Bank of Bahrain (CBB) and with the strategic partnership of Tamkeen, Bahrain Institute of Banking and Financial Studies (BIBF) will launch its first cybersecurity forum/exhibition entitled "Bahrain Cybersecurity Forum/Expo 2017". The Forum and Expo is a unique concept in the region that brings in international leading experts to maximize the learning experience of attendeesRead more

Bahrain to host ME Asset Management Forum

Manama - BNA

Industry thought leaders and key players in the asset management industry are set to take part in the second annual Middle East Asset Management Forum (MEAMF). The conference is scheduled to be hosted the patronage of the Central Bank of Bahrain (CBB) on May 15. Held in partnership with the Global Investor/ISF, part of the renowned Euromoney plc group, thisRead more

Government Treasury Bills issue 1646 subscribed by 233%,

Manama - BNA

HRH Crown Prince stresses importance of further strengthening kingdom's economic

Manama - BNA

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, First Deputy Prime Minister and Chairman of the Economic Development Board (EDB) chaired the EDB’s board meeting at the organisation’s offices in Bahrain Bay. His Royal Highness stressed the importance of further strengthening the Kingdom’s competitiveness regionally and globally, through the implementation of initiatives designed to further enhanceRead more