News   

   2017
   
 

Al Baraka Banking Group and Al Baraka Islamic Bank Organize Blood Donation Campaign with Cooperation with BDF Hospital

10 April 2017

As part of their Corporate Social Responsibility programs, both Al Baraka Banking Group (ABG) and Al Baraka Islamic Bank (AIB) organized a joint blood donation campaign at the Al Baraka Headquarters in Bahrain Bay on 10th April 2017, with the cooperation of the BDF Hospital. The event was met with enthusiastic response from the Al Baraka staff who participated in large numbers in the campaign.

Board Member and The President & Chief Executive of  Al Baraka Banking Group, Mr. Adnan Ahmed Yousif, commented on the initiative, stating: The Group and its banking units have always been pioneering in serving their communities through a series of effective initiatives that embody the leading role of Al Baraka CSR program at social and sustainable development levels.

For his part, the Board Member and Chief Executive of Al Baraka Islamic Bank – Bahrain (AIB), Mr. Mohamed Isa Al Mutaweh said,  AIBs employees have donated blood regularly over the years. Donating blood is a noble way to support the local community and its hospitals. People with rare blood types are encouraged to donate to ensure the hospitals supplies are sufficient and as a result lives can be saved. We are delighted to support our community in this manner.

Al Baraka Banking Group (B.S.C) is licensed as an Islamic wholesale bank by the Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion. It is jointly rated BBB+ (long term) / A3 (short term) on the international scale and A+ (bh) (long term) / A2 (bh) (short term) on the national by Islamic International Rating Agency & Dagong Global Credit Rating Company Limited, and by Standard & Poor's at BB+ (long term) / B (short term).

Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of Al Baraka is US$ 1.5 billion, while total equity is at about US$ 2 billion. The Group has a wide geographical presence in the form of subsidiary banking units and representative offices in fifteen countries, which in turn provide their services through over 700  branches. Al Baraka currently has a strong presence in Turkey, Jordan, Egypt, Algeria, Tunisia, Sudan, Bahrain, Pakistan, South Africa, Lebanon, Syria, Iraq and Saudi Arabia, including two representative offices in Indonesia and Libya.

 

 

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