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    Sunday, July 20, 2008  
 
 
 
 

Investment Dar Bank

Investment Dar is rounding out its banking investments in Bahrain through the establishment of Investment Dar Bank B.S.C (Closed), focusing on the investment side of banking to complement Bahrain Islamic Bank’s commercial banking activities.

 

Semi-final approvals have been obtained from the Central Bank of Bahrain. The bank’s paid-up capital amounts to US$ 200 million, while the total capital is US$ 1 billion. Investment Dar Bank is an Islamic bank operating in accordance with Islamic rules and regulations, and work is in progress for setting up the necessary procedures to operate the bank in Bahrain.

 

The main objectives of Investment Dar Bank include:

  • Operating as an investment consultant for its accounts and for third-party accounts.
  • Providing investment consultancy services to individual investors as well as commercial, financial and government institutions.
  • Arranging corporate finance and carrying out merger transactions and other trade finance transactions for its accounts or for the account of others.
  • Providing financial consultation on corporate finance, mergers, ownership, restructured finance, management and general affairs of companies.

Investment Dar Bank in Bahrain is an investment bank focusing on investment transactions, with an integrated plan to bring retail services to international levels.