BKIC hikes stake in Takaful International
Bahrain Kuwait Insurance signed a memorandum of understanding (MoU) with Bahrain Islamic Bank to buy its full stake in Bahrain’s Takaful International. The company, which is listed on Kuwait and Bahrain bourses, said that the agreement is subject to the approval of Bahrain’s observation authorities, according to a bourse filing. Bahrain Islamic Bank owns 22.75 percent […]
