Al Baraka Banking Group (ABG) and a number of its banking units signed an agreement to sponsor the prime Musharaka Islamic finance programme, which is aired by CNBC Arabia on Thursday and re-broadcast on Saturday.

Musharaka is CNBC Arabia's prominent Islamic finance show, that covers all financial, investment and trade activities that comply with sharia, said a report in the Gulf Daily News (GDN), our sister publication.

ABG board member, president and chief executive Adnan Ahmed Yousif and CNBC Arabia chief executive Mohammed Burhan signed the sponsorship agreement, which is valid for one year. - TradeArabia News Service