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29/11/2009 00:00 AST
Shamil Bank, a leading Bahrain-based Islamic commercial bank and a wholly-owned subsidiary of Ithmaar Bank, has tied up with one of the Kingdom's largest business groups, the Jawad Group, to launch a month-long promotion.
The promotion, which will allow users of Shamil Bank's Debit and Credit cards exclusive discounts at Jawad Group's Fashion and Furniture divisions, kicks off on December 1.
As part of the promotion, Shamil Bank ATM (debit) and Credit cardholders will get a 15 per cent discount at Jawad Group's fashion division companies stores when they pay with their Shamil Bank cards. There will be no minimum limit for fashion brands, meaning that customers will be eligible for the discount on every transaction.
The promotion will also offer cardholders a 15 per cent discount at Jawad Group's furniture division companies when they use Shamil cards to pay for purchases of BD100 or more.
"We are particularly pleased to be able to tie-up with such a large, heavily diversified group that represents many of the most popular retail brands in Bahrain," said Shamil Bank Retail Banking assistant general manager Mohammed Janahi.
"I am confident the promotion will appeal to both Shamil Bank and Jawad Group customers and will help further reinforce our unique offerings," added Jawad Group Corporate Division manager Kareem Jawad.
Trade Arabia
01/03/2010
Shamil Bank yesterday reported a net profit of $973,000 for last year, compared to a net profit of $22 million for 2008.
In the fourth quarter of last year, it made a net loss of $4.4m fo
Gulf Daily News
21/02/2010
Zain Bahrain and Shamil Bank have signed an agreement to offer Shamil customers online facilities to enquire and pay, in real-time, their Zain accounts.
The agreement will enable Shamil c
Gulf Daily News
19/11/2009
Bahrain-based Shamil Bank yesterday announced that its Shamil China Realty Modaraba has distributed another $3.5 million as capital returned.
This is in addition to the $6.6m distributed
Gulf Daily News
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15/05/2025
Ithmaar Bank, a Bahrain-based Islamic retail bank, reported profits for the first quarter of the year as it announced its financial results for the three-month period ended March 31.
Ithmaa
BNA
15/05/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has reported a profit of BD18.1 million ($48.2 million) for the first quarter of 2025, a drop of 25.9% year-over-year (YoY
Trade Arabia
15/05/2025
Indosat Ooredoo Hutchison is spearheading the development of sovereign AI to elevate Indonesia's economic trajectory, according to president director and CEO, Vikram Sinha.
"Indosat has a lar
Gulf Times
15/05/2025
Dukhan Bank has announced that Saad al-Kuwari has won the QR1,000,000 grand prize in the latest draw of Thara'a, the bank's Shariah-compliant savings account.
The draw was conducted under the
Gulf Times
15/05/2025
National Investments Company held its Ordinary AGM for the fiscal year ended December 31, 2024, and immediately following this, the Extraordinary General Assembly Meeting was convened on Wednesday, M
Kuwait Times
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