Bahrain Financial Services Articles & Analysis

Displaying 13 - 18 of 119

 

The global Islamic finance industry is a rapidly growing but relatively new phenomenon, and therefore the approach of national regulators varies from one jurisdiction to the next. Almost all regulatory frameworks, however, fall within two broad models: a centralised system, with some form of higher sharia authority to pronounce upon regulatory...

 

The decline in oil prices since the second half of 2014 has focused attention on the liquidity position of the kingdom’s banking sector, and its consequent ability to achieve lending growth. The issue is a regional rather than a purely local one. The prominence of hydrocarbons revenues on the balance sheets of GCC governments means that they...

 

While low oil prices continue to limit the region’s – and in particular Bahrain’s – economic growth, non-oil growth appears to be generally resilient. Bahrain’s real GDP growth in the first half of 2016 reached 3.5% year-on-year (y-o-y), while the Bahrain Economic Development Board (EDB) forecast growth in 2016 would slow to 2.8%. Non-oil GDP...

 

Bahrain’s banking sector has managed two years of a challenging low oil price environment without seeing significant deterioration in its key financial stability indicators. Both conventional lenders and Islamic financiers operating within the kingdom’s robust regulatory framework have also managed to maintain profitability throughout this...

 

The Bahrain Bourse (BHB) was established in 1987 and commenced operations in 1989 with only two stocks trading. Since then, the bourse has grown to include 41 common stocks (including three closed for trading), government bonds and mutual funds. The market is serviced by twelve brokers, of which three are individuals. The Securities &...

 

Real estate investment trusts (REITs) are popular investment instruments in developed markets, but a relatively new phenomenon in GCC exchanges. Nasdaq Dubai became the first exchange in the region to list a REIT in 2014, and in January 2016 Saudi Arabia’s market regulator approved the listing rules that will govern the instruments in the...