Graduation of a number of Al Baraka Units Employees in Specialized Diploma program in AML / CFT
4 July 2017
Twenty employees from Al Baraka Banking Groups (ABG) units received their specialized diploma in Anti Money Laundering & Combating Financing of Terrorism (AML / CFT) from the Beirut Arab University after having passed the university certification examination.
the training program for the specialized diploma in AML / CFT, organized in cooperation with the Union of Arab Banks and Beirut Arab University at ABG Headquarter in Bahrain Bay for three days during February 2017, which was followed by the certification exam arranged by Beirut Arab University.
This program is considered as an extension of the training activities and events that ABG has conducted as part of its strategy and efforts to provide suitable training program for their staff members from all units. worldwide. This certificate will also contribute to qualify ABG staff members in the field of AML & CFT at all ABG units.
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.