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List of Islamic Banks in Bahrain

Published by Gbaf News

Posted on April 5, 2013

1 min read

· Last updated: June 11, 2018

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1 Arab Banking Corporation (ABC Islamic Bank)
2 Capital Management House
3 First Energy Bank
4 Standard Chartered Bank
5 Elaf Bank B.S.C
6 Capivest Bank
7 Kuwait Finance House
8 Bahrain Islamic Bank
9 Khaleeji Commercial Bank BSC (KHCB)
10 HSBC Amanah
11 Al Baraka Islamic Bank
12 Al Khaleej Islamic Investment Bank

Key Takeaways

  • Bahrain hosts a diverse mix of dedicated Islamic banks and Islamic windows of conventional banks.
  • Islamic banking assets in Bahrain have seen remarkable growth, now representing over a quarter of total banking assets.
  • Major players include ABC Islamic Bank, Bahrain Islamic Bank (BisB), Khaleeji Bank, Kuwait Finance House Bahrain, Al Baraka Islamic Bank, and HSBC Amanah.
  • These institutions operate under Islamic banking licenses granted by the Central Bank of Bahrain, ensuring Shari’a compliance.

References

Frequently Asked Questions

What is Bahrain Islamic Bank (BisB)?
BisB is the first Islamic bank in Bahrain, established in 1979, operating under Shari’a supervision and listed on the Bahrain Stock Exchange.
What is ABC Islamic Bank?
ABC Islamic Bank is a fully owned Islamic wholesale bank subsidiary of Arab Banking Corporation, licensed by the Central Bank of Bahrain for Shari’a‑compliant investment banking.
What and where is Khaleeji Bank?
Khaleeji Bank (formerly Khaleeji Commercial Bank) is a retail Islamic bank headquartered in Manama, Bahrain, offering consumer, corporate and wealth services.

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