alBaraka

Company profile

alBaraka company profile

AIB is a banking unit of Al Baraka Group (ABG), a joint stock company listed on the Bahrain stock exchange and NASDAQ Dubai. ABG offers treasury services, as well as retail, corporate, and investment banking, all in accordance with Islamic Shari’a. Al Baraka islamic bank provide individual services like credit card, financing, insurance, accounts and other services. They also offer business services like financing, accounts, treasury and investments and e-cheque. Al Baraka Islamic Bank in Bahrain is a banking institution licensed by the Central Bank of Bahrain as an Islamic retail bank, operating in accordance with the Islamic Shari'ah rules that prohibit dealing with “riba”, taking or giving or entering into any financial transactions that may lead to “riba”.