Upon this, BIsB will finance all customers wishing to benefit from its services through its latest home finance product 'Ijara Muntahia Betamleek" which provides customers with mortgage finance for an amount of up to BD200,000 with a repayment period extending up to 20 years.

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AFP - European stock markets dropped in early trading after share prices had tumbled in Tokyo and on Wall Street owing to surging oil prices and disappointing earnings from US companies.

AP - Japanese authorities on Monday arrested Takafumi Horie, the chief executive of Internet portal Livedoor Co. at the center of a financial fraud probe that has roiled Tokyo's stock market, prosecutors said.

AFP - The European electronics giant Philips posted 2005 net profit of 2.86 billion euros (3.5 billion dollars), up slightly from 2.83 billion one year earlier.

AP - Whether it's a dead-cat bounce or a genuine recovery, U.S. stock market futures pointed higher on Monday, with earnings from Bank of America Corp., American Express Co. and Ford Motor Co. set to provide a backdrop to a reporting season that's been less than stellar so far.

Reuters - Prosecutors arrested Takafumi Horie, CEO of Japanese Internet firm Livedoor Co. (4753.T), on Monday on suspicion of violating securities laws.

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