Born out of the ashes of FIBIC in 2003, the Bahrain-based Islamic retail bank returned to profitability in the first quarter of this year after sustaining a loss of over $450,000 in Q1 2012.
Chaired by His Royal Highness Prince Amr Al Faisal, Ithmaar has achieved a plethora of awards, earning the lender international kudos. The bank’s ‘Mobicash’ project won UN-based “World Summit Award mobile.”