Al Baraka Islamic Bank bags top finance awards

Al Baraka Islamic Bank BSC (c) wins three awards of Islamic Business and Finance 2015 awards, namely Best Retail Bank Bahrain, Best Corporate Bank Bahrain, and Best Commercial Bank Bahrain at the annual award ceremony, a leading event for the global Islamic financial community. 

The Awards were received by Mohamed Isa Al Mutaweh Chief Executive Officer of Al Baraka Islamic Bank in the official awards ceremony held in Dubai on December 10, 2015, in conjunction with the tenth anniversary of the launch of these awards.

The awards ceremony became an annual event bringing together more than 300 senior Islamic financiers and rewards the most innovative and successful Islamic institutions. A panel of judges nominate organisations across 40 categories, and the winners are selected through an online voting process. Now in its tenth year, the awards ceremony attracts the interest of the leading Islamic finance practitioners from around the world.

Mohamed Isa Al Mutaweh has expressed his deep appreciation for receiving these wards from this prestigious  institution, which reflects the tribute to the efforts of all employees of the Bank aimed to lay the foundations of sophisticated Islamic banking institution that is steadily moving towards leadership in its their markets locally and regionally. 

He added:  “The success of Al Baraka Islamic Bank to win these awards represents the best embodiment of the bank’s success in the application of expansion strategies in local and regional markets, launching sharia-compliant innovative products and achieving good operating results amid difficult economic and financial conditions prevailing globally and regionally.”