Unicorn Investment Bank (UIB) announced the appointment of Sheikh Yousef Al Shelash as Bank Chairman during its first annual general meeting (AGM) and board of directors meeting, The Bahrain Tribune reported.
UIB is a Bahrain-based Islamic investment bank regulated and authorized by the Bahrain Monetary Agency (BMA).
"We are pleased that we will be operating from Bahrain, the Islamic banking center of the Middle East," said Sheikh Yousef following his appointment.
"We are thankful to BMA Governor Sheikh Ahmed bin Mohammed Al Khalifa, and other BMA officials for their commitment to further promote Bahrain’s Islamic financial industry." (menareport.com)
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