NBB diversifies its murabaha service to clients to by offering sukuk-based murabaha facility
The National Bank of Bahrain (NBB) announced its subscription to Bahrain Bourse’s (BHB) newly introduced Murabaha service, which will be used by the Bank when transacting in Islamic Commodity Murabaha financing. The announcement was made during a virtual signing ceremony held on Tuesday, June 9 between Jean-Christophe Durand, Chief Executive Officer of NBB and Shaikh Khalifa bin Ebrahim Al Khalifa, Chief Executive Officer of BHB.