Al Baraka honors its employees holding academic and professional certificates

Manama: Al Baraka Banking Group B.S.C. (ABG) and Al Baraka Islamic Bank B.S.C. (c) (AIB) held a ceremony honoring employees who have recently received academic and professional certificates in various professional disciplines at their headquarters in Bahrain Bay. The number of honored staff was 21.

Mr. Adnan Ahmed Yousif, President & Chief Executive of Al Baraka Banking Group honored the employees. Al-Baraka Islamic Bank Chief Executive Officer Mr. Hamad Al-Oqab and members of the executive management, senior officials of the Group and the Bank participated in the ceremony.

On this occasion, Mr. Adnan Ahmed Yousif delivered a speech in which he expressed his great pride in the honored employees, stressing that this honorable achievement will undoubtedly contribute to the upgrading of their works through the various positions they hold, which will reflect positively on the performance of the Group and the Bank as a whole. In addition, the large number of degree holders demonstrate the stimulating work environment for giving and developing in the Group and the Bank, wishing them success in completing their careers.

Mr. Hamad Al-Oqab said: “I am delighted to see so many of our dear employees who have earned outstanding academic and professional qualifications, which is a clear indication of the young and ambitious talents in the Bank. We look forward with optimism to the future of the Bank, as the human element is the cornerstone of its success. ”

Mr. Abdulrahman Shehab Executive Vice President - Head of Operations and Administration at Al Baraka Banking Group, also delivered a welcoming speech in which he congratulated the certifying staff on this good achievement, which reflects their success in achieving their ambitions in academic and professional development, as well as the supportive and motivating work environment for this success. The group and the bank were keen to qualify Bahraini human cadres with the highest academic and professional certificates to hold gradually various leadership positions, armed with the latest science and banking expertise.

The ceremony witnessed the distribution of the recognition letters to the honored employees who have received certificates in various fields such as MBA ADIF, and professional certificates in the areas of chartered  accounting, internal audit, risk management, Sharia auditing and others.

NOTES FOR MEDIA

About Al Baraka

Al Baraka Banking Group B.S.C. (“ABG”) is licensed as an Islamic wholesale bank by the Central Bank of Bahrain and is listed on Bahrain Bourse and NasdaqDubai. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion.

The Group has a wide geographical presence in the form of subsidiary banking units and representative offices in 17 countries, which in turn provide their services through over 700 branches. Al Baraka Banking Group has operations in Jordan, Egypt, Tunis, Bahrain, Sudan, Turkey, South Africa, Algeria, Pakistan, Lebanon, Saudi Arabia, Syria, Morocco and Germany, in addition two branches in Iraq and two representative offices in Indonesia and Libya.

ABG and its Units offer retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of ABG is US$ 2.5 billion.

ABG is rated BB (long term) / B (short term) by Standard & Poor's and BBB+ (long term) / A3 (short term) by Islamic International Rating Agency (IIRA). IIRA has also rated ABG on the national scale at A+ (bh) / A2 (bh) with a fiduciary score of 81-85, the highest level amongst Islamic Financial Institutions in the region.

© Press Release 2019