Contact

PO Box 1882

3RD Floor, Bahrain bay, Block 346
Road 4611 Bldg 370
Manama, Bahrain

Get Directions

Phone: +973 1753 5300

Fax: +973 1753 3993

Visit Website

About

Al Baraka Islamic Bank is one of leading financial institutions in the Islamic banking sector. Throughout its history of three decades, since its establishment in 1984, the bank has played a prominent role in building the infrastructure of the Islamic finance industry. The bank also played a significant role in promoting the Islamic finance industry and publicizing its merits. The bank enjoys a good reputation and high standing with the community in Bahrain in particular, and in the Gulf, Arab and Islamic worlds in general.Al Baraka Islamic Bank is one of leading financial institutions in the Islamic banking sector. Throughout its history of three decades, since its establishment in 1984, the bank has played a prominent role in building the infrastructure of the Islamic finance industry. The bank also played a significant role in promoting the Islamic finance industry and publicizing its merits. The bank enjoys a good reputation and high standing with the community in Bahrain in particular, and in the Gulf, Arab and Islamic worlds in general. Al Baraka Islamic Bank offers innovative financial products, particularly in the areas of Islamic investment, international trade, management of short-term liquidity and consumer financing that the bank has lunched under (Taqseet product).... etc., which are all based on Islamic financing modes. Such financing modes include Murabaha, Wakala, Istisna, Diminishing Musharaka, Mudaraba, Salam and Ijarah Muntahia Bittamleek. The Bank had achieved excellent results in its banking operations, thanks to its vast wealth of knowledge in the area of the Fiqh (jurisprudence) of Islamic finance, the diverse experience of its senior management team in different fields of Islamic banking and the strength and depth that the parent company, Al Baraka Banking Group, with its strong financial position and standing provides to the bank. Since its inception, Al Baraka Islamic Bank is managing funds on behalf of many large financial institutions and high net worth clients who sought rewarding long-term financial returns by deploying Shari’acompliant financial instruments.

Contact

+973 1753 5300

Be the first to review this item!


Share & Bookmarking

Bookmark this
Advertisement