Expands Private Banking and Wealth Management Services for HNW Clients

TDT | Manama

Email: mail@newsofbahrain.com

Al Baraka Islamic Bank Bahrain, one of the lead‑ ing Islamic banks in the Kingdom of Bahrain, has an‑ nounced the enhancement and expansion of its Private Bank‑ ing and Wealth Management services as part of its strategy to meet the growing needs of High‑Net‑Worth (HNW) clients.

The initiative includes expanding the dedicated wealth‑management team, launching innovative products and providing personalised fi‑ nancial advisory services across areas such as financial planning, asset allocation and Sharia‑com‑ pliant investments.

Names head

In this context, the Bank also announced the appointment of Ms Fayza Hassan as Head of Pri‑ vate Banking and Wealth Man‑ agement—the unit is responsible for delivering specialised finan‑ cial solutions and services to HNW clients. Ms Hassan brings a distinguished banking career spanning many years and deep expertise in managing relation‑ ships with affluent clients and providing tailor‑made financial advice.

This appointment is a strate‑ gic move that reflects Al Baraka’s commitment to enhancing its internal capabilities and attracting qualified banking leaders, in line with its vision to deliver an exceptional banking experience that meets clients’ evolving needs. It also demonstrates the Bank’s determination to expand its private‑banking services and reach a broader segment of valued clients through advanced financial solutions built on trust, professionalism and differentiation.

Crafted solution

On this occasion, Mr Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, said: “Today’s expansion of our Pri‑ vate Banking and Wealth Man‑ agement offering represents a key strategic milestone in our comprehensive plan to devel‑ op and elevate our premium services. At Al Baraka Islamic Bank, client satisfaction is at the core of our priorities, and we continuously strive to provide a banking experience that upholds the highest standards, especially for our HNW clients, whose complex needs demand ad‑ vanced and meticulously crafted solutions.”

He added: “This initiative underscores our ongoing com‑ mitment to enhance the value we deliver by broadening our service spectrum, leveraging highly skilled professionals and adopting the latest Sharia‑com‑ pliant banking practices. We are confident that these develop‑ ments will further cement Al Baraka Islamic Bank’s position as a leading institution in Private Banking and Wealth Manage‑ ment, both locally and region‑ ally. We firmly believe that an‑ ticipating our clients’ needs and innovating around them, with personalised service and rela‑ tionships built on mutual trust, are the foundations of long‑term success.”