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Al Baraka

Al Baraka net income hits $79m; total assets soar to $25.4bn

Bahrain-based Al Baraka Group has announced that it has achieved $40 million of net income attributable to shareholders for Q2 2024, compared to $47 million in the second quarter of 2023, reflecting a 16% reduction.   

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Al Baraka seals project finance deal with Sayacorp Aqar

Bahrain-based Al Baraka Islamic Bank has signed a strategic partnership agreement with Sayacorp Aqar, a wholly-owned real estate and property development arm of leading hospitality group Sayacorp.    As per

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Al Baraka seals project finance deal with Sayacorp Aqar

Bahrain-based Al Baraka Islamic Bank has signed a strategic partnership agreement with Sayacorp Aqar, a wholly-owned real estate and property development arm of leading hospitality group Sayacorp.    As per

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Al Baraka Bank, TDFP to launch mobile wallet service in Tunisia

Tunisian Digital Finance for People (TDFP) has signed a partnership agreement with Al Baraka Bank to jointly launch and operate a financially and socially inclusive mobile wallet service in Tunisia.    TDFP

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Al Baraka unveils package to finance solar systems

Bahrain’s Al Baraka Islamic Bank (AIB) has launched an exclusive financing package for its customers who wish to install solar systems to adopt a sustainable lifestyle, as these systems feature a low installation and maintenance cost.

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Al Baraka unveils package to finance solar systems

Bahrain’s Al Baraka Islamic Bank (AIB) has launched an exclusive financing package for its customers who wish to install solar systems to adopt a sustainable lifestyle, as these systems feature a low installation and maintenance cost.

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AIB signs education financing agreement

Al Baraka Islamic Bank (AIB), has signed an agreement with the Applied Science University to provide education financing for students who wish to enroll at the university.   A signing ceremony was held on July 29

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AIB signs education financing agreement

Al Baraka Islamic Bank (AIB), has signed an agreement with the Applied Science University to provide education financing for students who wish to enroll at the university.   A signing ceremony was held on July 29

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Al Baraka launches 211-unit residential project in Bahrain

Al Baraka Islamic Bank (AIB), a leading Bahraini financial institution, has announced the opening of the Danat Al Baraka project in the kingdom's Janusan region.   One of the most prominent housing and real e

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Al Baraka launches 211-unit residential project in Bahrain

Al Baraka Islamic Bank (AIB), a leading Bahraini financial institution, has announced the opening of the Danat Al Baraka project in the kingdom's Janusan region.   One of the most prominent housing and real e

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