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
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Most Viewed Companies
Ticker Price Volume
SIPCHEM 14.36 607,486
SABIC 82.07 9,540,480
RIBL 11.05 1,217,122
QNBK 139.6 146,922
GFH 0.24
ALMARAI 55.52 218,511
EEC 29.2 452,783
Recent News

Saudi bourse to ease rules for foreigners
Saudi Arabia’s stock market regulator said it would ease rules for foreign investment on the bourse, as part of efforts to open its capital market under an economic diversification plan.

Tadawul index falls 1.2%; SABIC drops 2.4%
Gulf stock markets fell back on Tuesday because of lower oil prices and a lack of positive drivers, while Saudi Arabia’s bourse failed to get an immediate boost from reforms designed to stimulate tra

Bank credit to Saudi private sector remains resilient
Bank credit to the Saudi private sector remained resilient in March 2016, according to a new report from Jadwa Investment.

In March, banks rapidly increased their claims on the public sec

Fight against money laundering top priority
The Central Bank of Bahrain (CBB) views the fight against money laundering (AML) and combating the financing of terrorism (CFT) as a key priority, executive director for financial institutions superv

Alba registers net profit of $11.2m
Aluminium Bahrain (Alba), owner of one of the world’s largest aluminium smelters, reported 88.6 per cent fall in first-quarter net profit as a result of a collapse in aluminium prices.

Alb

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

Poll

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