UK - Bank of London and The Middle East plc ("BLME") receives a License from the Central Bank of Bahrain

Mr. Ahmed Al-Bassam, Director of Licensing & Policy, Central Bank of Bahrain (picture)

Manama, Kingdom of Bahrain - 8^th February 2011 - The Central Bank of Bahrain ("CBB") has granted a License to the Bank of London and The Middle East  plc ("BLME"), an FSA authorized Independent Wholesale Shariah-compliant bank based in London, to open an office in the Kingdom of Bahrain.

From its main office located in the city of London, BLME provides a wide range of Shariah-compliant banking services and advice to businesses and individuals, with a strong focus on Europe, the Middle East and North Africa regions, as well as the USA. The five core areas that set the foundations for BLME's offerings are Private Banking, Corporate Advisory, Corporate Banking, Asset Management and Markets division.

The Bahrain office will be BLME 's first overseas presence, through which the bank intends to tap the Middle East markets. (source)

AWARDS - IFN Islamic Finance News - Poll 2010 - Best Islamic Bank

Best Islamic Bank for the UK is : Bank of London and the Middle East.

Best Islamic Bank for France is : BNP Paribas.


Best Islamic Trustee : Deutsche Bank.

Hereunder are the full results :