Al Baraka Islamic Bank Bahrain Launches Exclusive Banking Services

TDT | Manama

Email: mail@newsofbahrain.com

Stemming from its position as one of the leading Islamic banks in the Kingdom of Bahrain, Al Baraka Islamic Bank Bahrain is offering its clients the unique opportunity to open accounts in Turkey. This innovative service enhances cross-border banking options and provides customers with access to banking solutions designed to meet their needs.

With this new initiative, clients in Bahrain can seamlessly manage their finances and directly open bank accounts in Turkey. From current accounts and savings accounts to wakala/fixed-term deposit accounts, Al Baraka Islamic Bank Bahrain simplifies your banking experience while connecting you with the benefits of the Turkish banking landscape.

In addition to account opening feature, the next stage of this partnership will include enabling clients in both countries to take advantage of various Sharia-compliant Islamic financing products, providing a comprehensive suite of financial solutions that empower them to achieve their financial goals.

This step comes as part of the cooperation with Al Baraka Turk Participation Bank, enhancing cooperation and facilitating Islamic banking services between the two countries.

Commenting on the occasion, Mr. Houssem Ben Haj Amor, Group Chief Executive Officer, stated: “We are confident that this collaboration will enable us to provide innovative banking solutions that meet evolving market needs, while strengthening Al Baraka Group’s global position and building enduring partnerships to better serve our customers.”

On his part, Dr. Adel Salem, Chief Executive Officer of Al Baraka Islamic Bank, also stated: “We look forward to a fruitful and enduring partnership with Al Baraka Turk Participation Bank, contributing significantly to the future of Islamic banking.”