Al Salam Bank partners Bahrain Bourse and Central Bank of Bahrain on new Shari’a-compliant asset-trading framework

MANAMA: Al Salam Bank-Bahrain (Al Salam Bank) has signed an agreement with the Bahrain Bourse and Central Bank of Bahrain (CBB) to offer an innovative new Shari’a-compliant brokerage service, which allows for the use of Bahrain-issued Ijara Sukuk as the underlying asset in Murabaha financing frameworks. The innovative new structure meets a growing demand for…