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
ALMARAI 81.24 381,301
SAGRINSURANCE 30.61 1,681,287
RIBL 12.54 334,309
STC 66.95 405,630
SABIC 89.74 5,957,234
EEC 30.43 1,971,179
TAWUNIYA 82.11 681,149
Recent News

Removal of subsidies may impact property market
The removal of fuel and utility subsidies in Bahrain is likely to have a long-term impact on industrial and residential property markets, according to real estate consultancy Cluttons.


Alba appoints new manager
Alba has announced the appointment of Mohammed Khalid as the new manager for customer services and marketing operations.

In his new role, Mr Khalid will oversee customer service operations

KMC to sponsor major Gulf construction expo
The Northern Gulf’s leading annual expo for the GCC’s construction sector, gulfBID 2016, has secured strategic sponsorship from Kuwaiti Manager Contracting (KMC), it was announced yesterday.

Saudi Arabia’s building and construction exports grow by six per cent
The domestic export of construction and building materials and products grew at a constant rate of six per cent per year, reveals a senior official.

Feras Abalkhail, marketing and corporate

UAE Exchange celebrates its 35th anniversary
In a first-of-its-kind initiative, UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, celebrated its 35th anniversary by felicitating 35 of its oldest valued c

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


Looking ahead, what change you are more likely to make in investing in your domestic stock market?