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Al Saraya Properies inks deal with Al BarakaAl Saraya Properties, a leading real estate brand in Bahrain, has signed an agreement with Al Baraka Bank to provide its customers a number of unique benefits including credit card facility with mortgage, a grace period of up to three months and More… |
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Al Saraya Properies inks deal with Al BarakaAl Saraya Properties, a leading real estate brand in Bahrain, has signed an agreement with Al Baraka Bank to provide its customers a number of unique benefits including credit card facility with mortgage, a grace period of up to three months and More… |
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Al Baraka launches first-ever Islamic credit cardsAl Baraka Islamic Bank (AIB – Bahrain), a pioneer in the development of Islamic finance, has announced the launch of its first-ever fully Shari’a compliant credit cards. The new credit cards are being launched as part More… |
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Tamkeen launches new $52m loans portfolioA portfolio of BD20 million ($52.6 million) has been launched under Tamkeen’s Tamweel Plus (Tamweel+) financing scheme based on partnerships with Al Baraka Islamic Bank and Ithmaar Bank, reported the Gulf Daily News, our sister pu More… |
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Bank Alkhair gets nod to sell stakeBahrain-based Bank Alkhair, an Islamic wholesale bank, has received approval from the State Bank of Pakistan to sell its stake in Burj Bank to Al Baraka Pakistan (ABPL), a subsidiary of Al Baraka Banking Group, reported the Gulf Daily News More… |
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Al Baraka posts $116m net incomeBahrain-based Islamic banking group, Al Baraka (ABG) has posted a net income of $116m during the first nine months of the year, reported the Gulf Daily News, our sister publication. To read further, please visit More… |
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Al Baraka unit to merge with Pakistan bankBahrain-based Al Baraka Banking Group, one of the Gulf's top Islamic banks, said its Pakistani unit would merge with Pakistan's Burj Bank to create an institution with assets totalling more than $1.1 billion. The merger, w More… |
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Al Baraka Banking Q2 net profit dipsBahraini Islamic lender Al Baraka Banking Group reported a 2.8 percent dip in second-quarter net profit on Sunday. The bank, which has operations in more than a dozen countries, made a net attributable profit of $43.6 million in t More… |
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Al Baraka Q1 net income surges to $38mAl Baraka Banking Group (ABG), a Bahrain-based leading Islamic bank, announced it achieved 16 per cent increase in total operating income and 13 per cent increase in net profits before tax and provisions during the first quarter the year, report More… |
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Jordan Islamic Bank posts $16.5m Q1 profitJordan Islamic Bank (JIB), a subsidiary of Al Baraka Banking Group (ABG), posted a profit after tax of $16.5 million in the first quarter of 2016 compared with $16.1 million for the first quarter of 2015, a growth of three per cent, reported the More… |
