Tagged: Bahrain Islamic Bank (BISB)

2011-10-26

BISB and TI in bancaTakaful deal

The next big thing in the GCC’s Islamic insurance industry appears to be the bancaTakaful model.
After last week Qatar Islamic Bank distributed Damaan Islamic Insurance Company’s Takaful products, retail Islamic bank, Bahrain Islamic Bank (BISB) commun…

Bahrain’s Al Salam Bank and BISB hire KPMG Fakhro for planned merger

Islamic Finance

2011-08-19

Bahrain’s Al Salam Bank and BISB hire KPMG Fakhro for planned merger

Bahrain Islamic Bank (BISB) and Al Salam Bank have appointed KPMG Fakhro for their planned mega merger.
The proposed merger between the two is considered a litmus test for the Gulf region after the last attempted merger, between two Qatari banks, faile…

The Escape Home: This is the affordable Caribbean paradise you need to visit
We recently wrote about why Mexico City should be on your travel bucket list. This week, The Escape Home’s Nicole Perrino writes about another capital city that is often overlooked in favor of all-inclusive resorts (which, yes, are beautiful, but tend to be … culturally bland?).
Market Snapshot: S&P 500, Nasdaq snap 4-week win streaks as U.S. stocks drop and Treasury yields jump
U.S. stocks close lower Friday, with major benchmarks suffering weekly losses, as investors digested hawkish commentary out of the Federal Reserve and more than $2 trillion equity-linked options expired.
Front Office Sports: Activist investor calls on Disney to spin off ESPN
An activist investor is calling on Disney to let one of the biggest names in sports media chart its own course.
Personal Finance Daily: ‘Remote work is here to stay,’ says New York Federal Reserve and are we headed into a housing recession?
Friday's top personal finance stories.
Currencies: U.S. dollar is on fire and slicing through key technical levels `like a hot knife in butter’
The U.S. dollar is on the upswing again and headed toward the year-to-date highs seen in mid-July following a period of relative dormancy for the last month.
Bond Report: 10-year Treasury yield hits highest in month as Fed’s Barkin says officials will do what it takes to fight inflation
U.S. bond yields rise Friday, sending the 10- and 30-year maturities up for a third straight week.
: Survivors of gender-based violence need money to stay safe — but have a median of $0 in savings, new report says
'Having $0 in savings means having absolutely no safety net to fall back on and no ability to safely plan for the future.'
The Margin: HBO Max quietly pulls 200 ‘Sesame Street’ episodes to save money, angering parents and fans
Viewers shared their dismay on Twitter: 'You have to be a special kind of evil to remove episodes of Sesame Street of all things'
Commodities Corner: Why natural-gas prices have climbed to a 14-year high
Natural-gas futures climbed to their highest level in 14 years, with tight supplies in the U.S. and Russia’s move to reduce the flow of fuel to Europe pulling prices up for a second straight week.
In One Chart: Here are the signs that the bear-market rally in stocks won’t last long – Citi
Strategists at Citi Research say the current bear-market rally is in line with the length of an average bear-market bounce, and sentiments improved as much as it typically does. These signs suggest a possible end soon.