Monday 22 December 2014
 
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Al Baraka Islamic Bank

Al Baraka wins top Euromoney honour

Al Baraka Islamic Bank has won the "Best Islamic Bank in Bahrain for 2014" award from the Euromoney magazine for the second time in row. The bank was chosen for this prestigious award after reviewing its performance and

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Top honour for Al Baraka Islamic Bank

Al Baraka Islamic Bank has been named the best Islamic bank in Bahrain for last year by The Islamic Finance News. Based in Kuala Lumpur, Malaysia, The Islamic Finance News is an international institution specialised in providing n

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Al Baraka unveils Islamic finance product

Bahrain-based Al Baraka Islamic Bank has launched a new financing product in the local market to fund the services under the umbrella of Taqseet finance. This is in addition to other facilities provided by the product Taqseet to f

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Baraka launches multiple-currency prepaid card

Bahrain-based Al-Baraka Islamic Bank in collaboration with Nonoo Exchange Company and MasterCard Worldwide has launched a new prepaid card which can be used in five different currencies. MYCARD, a global platinum MasterCard is the

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Al Baraka Islamic Bank profits rise

Al Baraka Islamic Bank, a subsidiary of Al Baraka Banking Group, earned net income of BD1.36 million ($3.6 million) during the first nine months of the year compared with BD388,000 during the same period last year, an increase of 249 per cent.

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Al Baraka Islamic net operating income up 152pc

Bahrain-based Al Baraka Islamic Bank, a subsidiary of Al Baraka Banking Group, said it posted solid results in the first quarter with its net operating income surging by a staggering 151.75 per cent compared to last year. Announcing t

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Al Baraka in key finance agreement

Al Baraka Islamic Bank has signed a MoU with Blue Water Investment Company to finance customers seeking to buy properties from the company. 'Since its launch of our Taqseet product, which was designed to finance the different consumer,

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Al Baraka in key finance agreement

Al Baraka Islamic Bank has signed a MoU with Blue Water Investment Company to finance customers seeking to buy properties from the company. 'Since its launch of our Taqseet product, which was designed to finance the different consumer,

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Al Baraka Islamic opens new Bahrain branch

Al Baraka Islamic Bank has opened a new branch in Arad, Bahrain. It was opened by Al Baraka Islamic Bank chief executive officer and board member Mohamed Issa Al Mutaweh in the presence of a number of senior bank officials. 'It

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