Services that are directly related to money, financing, debts, and other financial securities as well as fund management are considered as ‘Financial Services.’
Bahrain’s National Bureau for Revenue published first of its guide on ‘Financial Services’ (Financial Services VAT guide) in March 2019
This guide is relevant for institutions in the financial services sector such as banking (retail, corporate, investment, etc), re-insurers, funds, and fund managers that receive various nature of incomes in the form interest, margins, gains etc. while making supply of various types.
Source: gccfintax.com