The First Islamic Investment Bank was presented with the Euromoney Award for Most Innovative Islamic Financial House during a ceremony at the Second Annual Islamic Finance Summit held in London this week.
Bahrain-based First Islamic Investment Bank was established in 1997. With a paid-up capital of $112.5 million, and over 80 shareholders, First Islamic has undertaken direct investment transactions in excess of $970 million, real estate transactions totaling over $1.5 billion, and asset management transactions of over $575 million. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
