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ABC Islamic Bank

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Report by The International Islamic Financial Market. This research report offered an overview of global Sukuk issuances, including details on issuers, Sukuk structures, case studies on notable issuances, articles on Sukuk market developments and prospects, and country-focused reports on IIFM
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worth $ 1.3 billion for the Al Dur Power & Water Company based in Bahrain. The facility was provided by a syndicate of 20 banks and comprised $ 450 million of conventional facilities and $ 850 million of Islamic facilities. Al Dur holds a significant position in Bahrain's
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In 2022, Bahrain’s nine banks offering Islamic banking services recorded a 3.5% rise in sharia-compliant assets for 2020, with just, ABC Islamic Bank and Al Salam Bank, recording a growth of more than 10% for the year.
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production, contributing to one-third of the country's total output. With a combined capacity of 1,234 MW of power and 48 MIGD of water, it plays a crucial role in meeting the nation's demand.
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announced the successful securing of a syndicated Islamic loan worth $ 350 million by its Turkish subsidiary, Kuveyt Turk. This
459: 397: 350: 259: 279: 176: 148:-compliant facility is structured in two parts and will be utilized for the bank's financing activities. 299: 254: 464: 237: 116:
It is formerly known as ABC Investment and Services Company until March 1998, established in 1987.
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represented the largest of its kind in Kuwait at the time. The loan was structured as a
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In 2022, ABC Islamic Bank sponsored the 11th Edition of the Annual
172: 351:"Turkey Unit Of Kuwait Finance House Secures $ 350m Islamic Loan" 269: 264: 207:
founding member countries and major Sukuk issuing jurisdictions.
164: 373:"Bahrain utility group Al Dur closes $ 1.3bln refinancing deal" 274: 145: 133: 249: 203: 156: 151:
In 2014, ABC Islamic Bank served as a lead arranger when
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Islamic Investment Banking and Other Specialist Products
214: 370: 398:"The Banker's Top Islamic GCC Banks ranking 2022" 446: 76:Islamic Investment and Asset Management Services 109:principles. It is a wholly owned subsidiary of 140:, announced the initiation of a $ 250 million 124:In 2013, ABC Islamic Bank acted as a mandated 101:that provides investment banking services and 255:ABC International Bank plc (ABCIB), (London) 182:In 2019, ABC Islamic Bank participated in a 424:"US$ 188bln worth of Sukuk issued in 2021" 325:"AlBaraka Turk launches $ 250m financing" 447: 348: 421: 72:Islamic Commercial Banking Services 13: 14: 476: 349:Sophia, Mary (31 December 2014). 243: 217: 455:1998 establishments in Bahrain 415: 390: 364: 342: 317: 300:"عن بنا | وكالة أنباء البحرين" 292: 1: 285: 250:ABC Official website (Global) 167:, and it utilized the common 136:subsidiary of Bahrain-based 105:services in accordance with 7: 371:Staff Writer; TradeArabia. 210: 10: 481: 171:sale arrangement known as 119: 460:Banks established in 1998 82: 74:Islamic Treasury Services 68: 58: 50: 42: 34: 26: 238:List of banks in Bahrain 111:Arab Banking Corporation 64:Amr ElNokaly (Chairman) 22:ABC Islamic Bank (E.C) 163:transaction with two 184:refinancing facility 153:Kuwait Finance House 329:www.tradearabia.com 280:Islamic Banking Law 99:Joint Stock Company 23: 54:ABC Tower, Bahrain 21: 402:www.thebanker.com 92: 91: 472: 465:Banks of Bahrain 439: 438: 436: 434: 422:Release, Press. 419: 413: 412: 410: 408: 394: 388: 387: 385: 383: 368: 362: 361: 359: 357: 346: 340: 339: 337: 335: 321: 315: 314: 312: 310: 296: 227: 222: 221: 220: 103:asset management 95:ABC Islamic Bank 87:Official website 24: 20: 16:Bahraini company 480: 479: 475: 474: 473: 471: 470: 469: 445: 444: 443: 442: 432: 430: 420: 416: 406: 404: 396: 395: 391: 381: 379: 369: 365: 355: 353: 347: 343: 333: 331: 323: 322: 318: 308: 306: 298: 297: 293: 288: 246: 223: 218: 216: 213: 177:Islamic finance 142:syndicated loan 122: 77: 75: 73: 61: 17: 12: 11: 5: 478: 468: 467: 462: 457: 441: 440: 414: 389: 363: 341: 316: 290: 289: 287: 284: 283: 282: 277: 272: 267: 262: 257: 252: 245: 244:External links 242: 241: 240: 235: 229: 228: 212: 209: 138:Al Baraka Bank 130:Al Baraka Turk 121: 118: 90: 89: 84: 80: 79: 70: 66: 65: 62: 59: 56: 55: 52: 48: 47: 44: 40: 39: 36: 32: 31: 28: 15: 9: 6: 4: 3: 2: 477: 466: 463: 461: 458: 456: 453: 452: 450: 429: 428:www.zawya.com 425: 418: 403: 399: 393: 378: 377:www.zawya.com 374: 367: 352: 345: 330: 326: 320: 305: 301: 295: 291: 281: 278: 276: 273: 271: 268: 266: 263: 261: 258: 256: 253: 251: 248: 247: 239: 236: 234: 233:List of banks 231: 230: 226: 215: 208: 205: 200: 196: 194: 190: 185: 180: 178: 174: 170: 166: 162: 161:dual-currency 158: 154: 149: 147: 143: 139: 135: 131: 127: 126:lead arranger 117: 114: 112: 108: 104: 100: 96: 88: 85: 81: 71: 67: 63: 57: 53: 49: 45: 41: 37: 33: 29: 25: 19: 431:. Retrieved 427: 417: 405:. Retrieved 401: 392: 380:. Retrieved 376: 366: 354:. Retrieved 344: 332:. Retrieved 328: 319: 307:. Retrieved 303: 294: 225:Banks portal 201: 197: 181: 150: 123: 115: 94: 93: 51:Headquarters 27:Company type 18: 433:15 December 407:15 December 382:15 December 356:15 December 334:15 December 260:ABC Algeria 449:Categories 304:www.bna.bh 286:References 275:ABC Brasil 265:ABC Jordan 60:Key people 270:ABC Egypt 169:cost-plus 211:See also 173:murabaha 165:tranches 69:Products 35:Industry 309:18 July 144:. This 134:Turkish 120:History 107:Islamic 83:Website 43:Founded 38:Banking 30:Private 146:sharia 132:, the 204:Sukuk 193:water 189:power 128:when 97:is a 435:2023 409:2023 384:2023 358:2023 336:2023 311:2022 191:and 157:loan 46:1998 175:in 451:: 426:. 400:. 375:. 327:. 302:. 179:. 437:. 411:. 386:. 360:. 338:. 313:.

Index

Official website
Joint Stock Company
asset management
Islamic
Arab Banking Corporation
lead arranger
Al Baraka Turk
Turkish
Al Baraka Bank
syndicated loan
sharia
Kuwait Finance House
loan
dual-currency
tranches
cost-plus
murabaha
Islamic finance
refinancing facility
power
water
Sukuk
Banks portal
List of banks
List of banks in Bahrain
ABC Official website (Global)
ABC International Bank plc (ABCIB), (London)
ABC Algeria
ABC Jordan
ABC Egypt

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