Bahrain Islamic Bank (BISB) News - Mubasher Info
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Bahrain Islamic Bank (BISB)

Last update: 7 July 11:47 AM market time.
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1.43%
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Stock Statistics
Volume 103,000
Turnover 7,313.00
All data are 15 minutes late during market session

News

BisB will continue to be listed on Bahrain Bourse
18 January 2020 09:48 PM NBB acquires 78.8% stake in Bahrain Islamic Bank
Mubasher: The National Bank of Bahrain (NBB) on Saturday announced that its offer to acquire up to 100% of the paid-up ordinary shares of the Bahrain Islamic Bank (BisB) resulted in the control of a 78.8% stake in the Islamic bank, according to …
Mergers and Acquisitions
BBK posted an 11% year-on-year increase in Q2-19 profits
22 August 2019 10:46 AM Bahraini Banks’ profits grow 5% in Q2-19
By: Mohamed Hesham Mubasher: The financial statements of Bahraini banks listed on Bahrain Bourse (BHB) indicated a 4.9% year-on-year increase in profits during the second quarter of 2019. The profits of the period soared to BHD 96.97 million …
Banking and Finance
Gross income of Bahrain Islamic Bank was BHD 12.30 million in Q1-19
5 May 2019 03:48 PM Bahrain Islamic Bank records BHD 2m in Q1 profits
Mubasher: Bahrain Islamic Bank (BisB) posted a slight decrease of 1.9% in profits attributed to shareholders during the first quarter of 2019 compared to the same period a year ago. The bank’s profits attributed to shareholders declined to BHD …
Financial Results
Photo Archive
7 August 2018 06:57 PM Moody's downgrades four Bahraini banks
Mubasher: Moody's Investors Service has downgraded to B2 from B1 the long-term local currency deposit ratings of Bank of Bahrain and Kuwait (BBK), National Bank of Bahrain (NBB), Bahrain Islamic Bank (BISB), and Khaleeji Commercial Bank (KHCB). …
Sector Reports
Earnings increased to BHD 2.2 million ($2.8 million) in Q3-17
31 October 2017 01:09 PM BisB profits surge 83.3% in Q3
Mubasher: Bahrain Islamic Bank (BisB) achieved a growth of 83.3% in net profits during the third quarter of 2017 compared to the same period a year ago. Earnings increased to BHD 2.2 million ($2.8 million) in Q3-17 from BHD 1.2 million ($3.2 …
Financial Results
Photo Credit: Arabianeye-Reuters
26 April 2017 10:26 AM Bahrain Islamic Bank Q1 profits decline 65.7%
Mubasher: Bahrain Islamic Bank posted a drop of 65.7% in profits during the first quarter of 2017 as compared to the same quarter in 2016. Earnings shrank to BHD 583,000 ($1.5 million) in Q1-17 from BHD 1.7 million ($4.4 million) in Q1-16, …
Financial Results
Photo Credit: Arabianeye-Reuters
23 March 2017 02:17 PM Bahrain Islamic Bank nods to 5% dividends
Mubasher: The ordinary general meeting (OGM) of Bahrain Islamic Bank (BisB) approved the board’s proposal of paying 5% cash dividends for fiscal year 2016. The bank will distribute 5 fils per share for the fiscal year, with an overall value of BHD …
Cash Dividends
Mubasher Info said that Bahrain Kuwaiti Insurance signed a MoU with Bahrain Islamic Bank (Photo Credit: Arabianeye-Reuters)
23 February 2017 11:00 AM Bahrain Islamic Bank confirms takeover news
Mubasher: Bahrain Islamic Bank confirmed on Thursday the news published on Mubasher Info website which said that the bank had signed a memorandum of understanding (MoU) with Bahrain Kuwaiti Insurance, which is listed on both Bahrain Bourse and …
Companies Investments
(Photo archive)
21 February 2017 10:48 AM Bahrain Kuwait Insurance raises stake in Takaful International to 64%
Kuwait – Mubasher: Bahrain Kuwait Insurance signed a memorandum of understanding (MoU) with Bahrain Islamic Bank to buy its full stake in Bahrain's Takaful International. The company, which is listed on Boursa Kuwait and Bahrain Bourse, said that …
Mergers and Acquisitions
(Photo credit: Bank's website)
13 February 2017 02:53 PM Bahrain Islamic Bank profits up 58% in Q4
Mubasher: Bahrain Islamic Bank’s (BISB) financial results showed a surge in profits by 57.7% in the fourth quarter of 2016 compared to the same period in 2015. The bank, which is listed on the Bahrain Bourse, posted BHD 4.1 million ($10.57 …
Financial Results
Net profit for the first nine months of 2016 declined by 50% (Photo credit: Bank's website)
6 November 2016 04:03 PM Bahrain Islamic Bank Q3 profit soars 221%
Mubasher: Bahrain Islamic Bank’s profits for the third quarter of fiscal 2016 rose by 221% to BHD 1.20 million ($3.2 million), versus BHD 374,000 ($984,110) for Q3-15. Net profit for the first nine months of 2016, however, declined by 50% to BHD …
Financial Results
Photo credit: Bahrain Islamic Bank
30 August 2016 10:52 AM Bahrain Islamic Bank confirms plans to sell assets worth $218m
Mubasher: Bahrain Islamic Bank confirmed reports about its intention to sell assets worth $218 million, according to a bourse filing released on Tuesday. The bank’s confirmation comes as the Bahrain Bourse asked for further information about a …
Companies Investments
Net profit reached BHD 1.37 million ($3.6 million) in Q2-16 (Photo credit: Bahrain Islamic Bank)
10 August 2016 03:31 PM Bahrain Islamic Bank's Q2 profits fall 73%
Mubasher: Bahrain Islamic Bank (BIS) posted on Wednesday a year-on-year fall of 73.1% in its net profit for the second quarter of fiscal 2016. Net profit reached BHD 1.37 million ($3.6 million) in Q2-16, versus BHD 5.1 million in Q2-15, according …
Financial Results
A branch of BisB (Photo Credit: Bank website)
3 May 2016 10:12 AM Bahraini lender BisB says profits fell by half in Q1
Mubasher: Bahrain Islamic Bank (BisB) showed a 44.5% decline year-on-year in profits for the first quarter of 2016, according to a bourse statement. The bank’s earnings slid to BHD 1.71 million ($4.48 million) in Q1-16, down from BHD 3.08 million …
Financial Results
Photo archive - Bahrain Islamic Bank
24 March 2016 00:37 PM Bahrain Islamic Bank says to issue bonus shares
The ordinary general meeting (OGM) of Bahrain Islamic Bank agreed on distributing 4% bonus shares for the fiscal year 2015, according to a recent statement. The bank will distribute 38.83 million bonus shares on a 4-for-100 basis. The …
Corporate Actions
Photo Archive
22 February 2016 11:10 AM BisB finance revenues represent 97% of income - CEO
Mubasher: Bahrain Islamic Bank (BisB) relies on revenues and fees from financing and main activities which represent 97% of total income, according to the bank’s CEO, Hassan Jarrar. Jarrar said that board of directors decided to set aside …
Financial Results
Photo Archive
22 February 2016 09:43 AM Bahrain Islamic Bank Q4 profit slips 4%; bonus issue recommended
Mubasher: Bahrain Islamic Bank’s (BisB) net profit fell by 3.7% in the fourth quarter of 2015 to BHD 2.6 million ($6.9 million) compared to BHD 2.7 million ($7.17 million) the same period in 2014 according to the financial statements. BisB’s net …
Financial Results
Photo Credit: Arabianeye-Reuters
28 January 2016 10:56 AM Moody’s affirms Bahrain Islamic Bank’s rating
Moody's has today confirmed Bahrain Islamic Bank's issuer ratings at ‘Ba3’, and upgraded the standalone baseline credit assessment (BCA) to ‘b3’ from ‘caa1’, according to a press statement. The rating agency said that the outlook on the long term …
Ratings
Photo Credit: Arabianeye-Reuters
24 December 2015 10:23 AM AUB, BisB, UGIC to review FY15 financials in February
Mubasher: Three Bahraini corporations will hold their board meeting in February to discuss the financial statements for FY 2015, according to bourse statements. Bahrain Islamic Bank (BisB) will hold a board meeting on 10 February to consider the …
Event
Photo credit: Arabianeye - Reuters
1 December 2015 09:47 AM Bahrain Islamic Bank sees rights issue 100% covered
Mubasher: Bahrain Islamic Bank announced on Tuesday that the rights issue shares was 100% covered.    The bank said, in a statement, that the number of rights issue shares came to 170.94 shares, and it will complete the procedures of allocating …
Corporate Actions
Photo Credit: Arabianeye-Reuters
26 November 2015 11:00 AM Bahrain Islamic Bank’s capital subscription ends 29 Nov
Mubasher: Bahrain Islamic Bank said that the subscription regarding capital increase will mature on 29 November. The subscription period has started 15 November to offer 171 million ordinary shares with issuance price of BHD 0.117 per share. Thus, …
Corporate Actions
Photo Credit: Arabianeye - Reuters
29 October 2015 06:28 PM Moody's places BIsB’s ratings on review for upgrade
Mubasher: Moody's Investors Service has placed on review for upgrade the ratings of Bahrain Islamic Bank (BIsB), specifically the bank's long term issuer ratings of Ba3, the standalone baseline credit assessment (BCA) and adjusted BCA of caa1, and …
Ratings
Photo Credit: Arabianeye-Reuters
28 October 2015 10:54 AM Bahrain Islamic Bank approves capital decrease
Bahrain Islamic Bank’s extraordinary general meeting (EGM held 27 October agreed on decreasing both issued and paid-up capital, aiming to write-off the accumulated losses of BHD 27.4 million by the end of 30 June, according to a bourse statement. …
Corporate Actions
Photo Credit: Arabianeye - Reuters
16 September 2015 10:42 AM BisB board to review financials 28 October
Mubasher: Bahrain Islamic Bank (BisB) will convene a board meeting on 28 October, 1:00pm, to look into endorsing financial statements for the period ending 30 September 2015. The lender’s net earnings for the first half of 2015 surged 105% …
Event
Photo Credit: Arabianeye - Reuters
20 August 2015 11:52 AM Bahrain banks’ H1 earnings rise to BHD 196m – Report
By Esraa Mohammed Mubasher: Earnings generated by Bahraini banks during the first half of 2015 reached BHD 196.4 million ($516.6 million), a rise of 11.3% compared with BHD 176.4 million ($464.1 million) in the same period of 2014. The …
Company News