Bahrain-based Islamic investment institution, Ibdar Bank has announced the distribution of a 10% dividend for the year ended 2014 to investors in the Aircraft Leasing Investment Company. Basel Al-Hag-Issa, Chief Executive Officer of Ibdar Bank, said: “The dividend payment by the Aircraft Leasing Investment Company demonstrates Ibdar Bank’s ability to deliver superior performance and continue to add value to its esteemed clients, despite today’s challenging market conditions.” The Aircraft Leasing Investment Company was established in January 2011 and has been structured around a transaction concluded with Emirates of the sale-leaseback of one 777-200ER aircraft. The deal was undertaken in partnership
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