MANAMA: Bahrain ranks first in terms of the number of banks listed among the top 60 Islamic banks and second in terms of the number of Islamic financial institutions in the Arab region, said Khaleeji Commercial Bank (KHCB) chief executive Sattam Sulaiman Algosaibi, citing the latest reports issued by the Union of Arab Banks.
Mr Algosaibi made these comments yesterday during the AAOIFI-World Bank 13th Annual Conference, in which the Bahrain-based Islamic bank is taking part as a ‘Gold Partner’ .