ABG, three units receive global finance awards

Al Baraka Banking Group (ABG) and three of its subsidiary banking units will receive the “World’s Best Islamic Financial Institution” Award for 2019, in various categories. The award was announced by the Global Finance magazine as part of its annual awards for international banks and financial institutions.

Al Baraka Banking Group is the winner of the “Best Islamic Financial Institution in South Africa Award in the regional winners category, Al Baraka Bank Algeria, Al Baraka Bank Lebanon and Jordan Islamic Bank, all are winners in the “World’s Best Islamic Financial Institution 2019 in the Country category, in Algeria, Lebanon and Jordan, respectively. The winning of these awards by ABG and its three subsidiary banking units are for the seventh successive year.

The awards will be formally presented at their annual awards ceremony during the IMF World Bank annual meetings, which will be held this year in Washington, DC at the National Press Club on the morning of October 19, 2019. Board Member and President & Chief Executive of Al Baraka Banking Group Adnan Ahmed Yousif stated, “We are very happy with the achievement of ABG and its three subsidiary banking units in winning this international award for the seventh successive year.”