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Al Baraka Islamic Bank Wins Two Prestigious Awards from IRBA

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Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, 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 15th of December 2020 and broadcasted through multiple online channels.

“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.

Commenting on the occasion, Chief Executive Officer of Al Baraka Islamic Bank, Mr. Hamad Abdulla Al Oqab, said: “We, at Al Baraka Islamic Bank, are very keen on enhancing our banking services to suit the various requirements and needs of our cherished customers. These efforts reflect our constant endeavors to ensure their satisfaction, trust, and loyalty to the bank. We are extremely honored and proud of receiving the “Best Islamic Retail Bank for Social Responsibility in Bahrain 2020″ award 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.

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