| From Arabnews.com: Bahrain-based Ithmaar Bank, an Islamic, retail-focused bank, reported a profit attributable to the shareholders’ for the second consecutive quarter and announced year-to-date profits of $4.6 million as compared to a loss of $47.6 million during the same period last year.
It is Ithmaar’s first financial reporting as an Islamic retail bank following its successful reorganization in April with its then wholly owned subsidiary, Shamil Bank..............................................Full Article: Source
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