Al Baraka Is Named Best In The Region


26/12/2010 00:00 AST

Al Baraka Banking Group was named 'Best Regional Bank' at the Annual Islamic Business and Finance Awards ceremony.

Held at Emirates Towers Hotel, Dubai, the awards ceremony celebrated achievements of top Islamic bankers, financiers and Islamic banking and finance institutions and, where a total of 30 awards were given away.

Gulf-based institutions and individuals competed head-to-head with their international peers, taking home more than two thirds of the awards.

Other winners were drawn from the UK, US, Malaysia, Luxembourg and Sudan.

"Winning this award motivates us to continue work on the implementation of our strategies with a view to serving the development needs of the countries in which we operate, in addition to providing innovative Islamic banking services and products in line with the evolving needs of our customers and the countries in which we operate or have business relationships through our banking units or representative offices," said Al Baraka Banking Group president and chief executive Adnan Ahmed Yousif.

"It is also an international recognition of the outstanding achievements of the group."

The Islamic Business & Finance Awards running for its fifth year, is considered to be one of the most prominent events in the finance industry in the Gulf region.

The annual ceremony was designed to highlight, encourage and reward the exceptional performance and growth of the Islamic business and finance community.

These awards are now widely considered as a benchmark of excellence in the industry.

Gulf Daily News
Albaraka Banking Group - BARKA
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
SAVOLA 69 131,025
SABIC 93.75 1,687,585
SAGRINSURANCE 28.2 55,655
RIBL 16.5 484,097
TIRECO 43.6 93,976
STC 67.75 474,240
DANA 0.55 35,521,793
Recent News

Real estate economic diversification to keep property business healthy
The UAE property sector’s Q2 2015 performance exceeded expectations, with industry-wide economic diversification seen as the key driver to sustained growth, reveals the latest market intelligence rep

Europe steadies before Greece summit, China stocks fall again
European stock and bond markets steadied on Tuesday before a euro zone leaders summit to discuss the Greek debt crisis while a further fall in Chinese shares reminded investors of other dark clouds o

Euro Weakens Before Summit With Merkel’s Bell Tolling for Greece
The euro slid for a second day versus the dollar as finance ministers and leaders from the 19-member region gather to discuss Greece’s fate.

German Chancellor Angela Merkel said “time is run

Kuwait inflation at 3.3% in May
Inflation in the consumer price index (CPI) inched down from 3.4 percent year-on-year (y/y) in April to 3.3 percent y/y in May, amid a slowdown or stabilization across all components, with the excep

Indonesia hopes new tools will boost appeal to foreign Islamic banks
Indonesian regulators are promoting new sharia-compliant financial tools and considering easing foreign ownership limits for domestic Islamic banks, seeking to make the sector more appealing to forei

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Which of the following do you think is the best long-term investment?