Ahli United Bank-Bahrain has announced the completion of converting its conventional banking services to be compliant with Shariah principles. On 10 December 2023, the bank has officially received the approval from the Central Bank of Bahrain (CBB) as a licensed Islamic Bank.
The conversion is the result of Kuwait Finance House’s acquisition of AUB Group in October 2022, making KFH the second largest bank in the word in terms of assets. The…