ABC Islamic Bank is a
Joint Stock Company
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are ...
that provides investment banking services and
asset management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...
services in accordance with
Islamic
Islam (; ar, ۘالِإسلَام, , ) is an Abrahamic monotheistic religion centred primarily around the Quran, a religious text considered by Muslims to be the direct word of God (or '' Allah'') as it was revealed to Muhammad, the mai ...
principles. It is a wholly owned subsidiary of
Arab Banking Corporation
Arab Banking Corporation (also called Bank ABC) is an international bank with headquarters in the Diplomatic Area of Manama, in Bahrain. It was incorporated as a joint stock company in 1980 through a special decree by the Amir of Bahrain. It obtai ...
.
Its formerly known as ABC Investment and Services Company until March 1998, established on 1987.
Subsidiary companies:
*ABC Clearing Company
*ABC Islamic Fund
See also
*
List of banks
Lists of banks are contained in the following articles:
By continent
* List of banks in Africa – Each country in Africa has a list of banks operating in that country
* List of banks in Asia – Asia has a list of banks operating in that coun ...
*
List of banks in Bahrain
The following is a list of banks & financial institutions in Bahrain as of 30 June 2015:
Central Bank
*Central Bank of Bahrain - CBB
Conventional banks
Islamic banks
See also
* List of banks in the Arab world
References
{{Asia topic, ...
External links
ABC Official website (Global) ABC International Bank plc (ABCIB), (London)ABC AlgeriaABC JordanABC EgyptABC BrasilIslamic Banking Law
References
{{DEFAULTSORT:ABC Islamic Bank
1998 establishments in Bahrain
Banks established in 1998
Islamic Banking