Al Baraka units win Islamic Finance News Awards

Manama : The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. (ABG) announced that five of its units won Islamic Finance News Awards 2015 as the Best Islamic Banks in the region through the annual comprehensive referendum conducted by the Islamic Finance News magazine.

For the third consecutive year, Al Baraka Bank Egypt won the award as the Best Islamic Bank in Egypt, Al Baraka Bank Lebanon won the award as the Best Islamic Bank in Lebanon, Al Baraka Bank Sudan won the award as the Best Islamic Bank in Sudan, Jordan Islamic Bank won the award as the Best Islamic Bank in Jordan and Al Baraka Bank South Africa won the award as the Best Islamic Bank in South Africa. 

The Islamic Finance News magazine is based in Kuala Lumpur and it is an international institution specialised in providing news for the Islamic financial sector.

Hassan Hassani - Vice President Corporate Communications and PR - in Al Baraka Banking Group received the awards on behalf of the winning units of the Group in the annual ceremony, which was held in the city of Dubai last Sunday.

On this occasion, Adnan Ahmed Yousif, Board member and President & Chief Executive of Al Baraka Banking Group said:
“The subsidiary banking units of our Group have come to be amongst the leading financial institutions in servicing their communities and are most established in terms of their expertise and knowledge of the local markets, which reflect the success of Al Baraka Banking Group’s vision and strategy which are based on enhancing the positions of subsidiary units, strengthening their capital resources and creating strong business relationships between the units.”