Business

And The Award Goes To…

by: BTM - Tue, 02 Feb 2021

One of the leading Bahraini financial institutions in the field of Islamic banking, Al Baraka Islamic Bank (AIB), has been awarded the ‘Best Islamic Retail Bank for Social Responsibility Award 2020’ and ‘Best Islamic Retail Banking Product (Assets Side) 2020 for Tamkeen Finance’ by the Awards Committee of the Islamic Retail Banking Awards (IRBA). The Online Awards Ceremony (OAC) of the 6th edition was held live on December 15 and broadcasted through multiple online channels.

Chief Executive Officer of Al Baraka Islamic Bank, Hamad Abdulla Al Oqab, said: «We are extremely honored and proud of receiving these awards from this prestigious institution, and we perceive it as an added motivation for us to continue improving our retail banking portfolio and creating value-added products, along with offering the best Sharia-compliant banking services around.»

The Islamic Retail Banking Awards (IRBA) is the first-of-its-kind Islamic banking awards program based on the most academically rigorous analysis of global Islamic banking efficiency performance. ‘Tamkeen Finance’ allows entrepreneurs to grow their businesses further with fully Shari’a-compliant finance facilities from Al Baraka Islamic Bank in partnership with Tamkeen.