Manama: Seychelles-based BMI Offshore Bank (BMIO), partly owned by BMI Bank Bahrain, is being converted into a Sharia-compliant bank, it has emerged.
This follows a visit to Seychelles by a delegation from BMI Bank, a subsidiary of Al Salam Bank-Bahrain (ASBB), led by the parent’s executive committee chairman Hussein Mohammed Al Meeza along with a number of senior officials .