- Middle East Business News
Wednesday, 30 September 2020 11:24 UAE time


AlBaraka Banking Group

Main Category: Commercial Bank
First Address : PO Box 1882
City : Manama
Country : Bahrain

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Pakistan urging Arabian Gulf loans for farmers

Pakistan's central bank is seeking to double Islamic banking assets in three years.

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Emaar Syrian JV pushes on with $1.1bn project

IGO says merger of partner Emaar with fellow UAE firms will not derail Syrian project.

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Albaraka sees '09 net profit flat

Bahrain-based Islamic bank says expected numbers due to systems investment and branch openings.

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Bahrain's Albaraka plans $200mn in acquisitions

Islamic bank to consolidate presence in the Middle East, could include Asia acquisition.

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$9bn IPO for new Islamic investment bank

Named Ummar Bank, lender will have paid-up capital of $11 billion and list in Bahrain.

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$3bn Islamic bank and stock exchange planned

Gulf investors to set up bank and market in Bahrain to tap demand for sukuk.

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Albaraka eyes expansion across Muslim world

Bahraini lender targets $60mn Indonesia acquisition, $40mn Pakistan share sale.

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Islamic perspective on fatwas

New financial rulings on banking contracts discussed from Islamic perspective at 28th Islamic Economy Forum.

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Albaraka reveals $300mn Asia expansion

Bahraini banking group to invest in Indonesia, Malaysia and India over the coming two to three years.

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Saudi Investment takes Albaraka stake

Bank says it will take a 50% stake in Bahrain's third-largest lender in a share swapping deal.

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Albaraka plans global expansion

Islamic lender will open 74 branches over five years to tap demand from the world's 1.2 billion Muslims.

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Bahraini bank to open unit in Syria

Islamic lender Albaraka is set to operate in Syria by year's end, and is eyeing IPO to raise $100mn.

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Islamic business accounts debut in UK

Lloyds TSB's Sharia-compliant account highlights growing global demand.

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Why Bahrain is banking on Islamic finance

Bahrain's Islamic financial institutions have made strides in recent months, with the past six weeks seeing a flurry of activity.

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Al Baraka DIFX

Bank will be dual listed in Bahrain and on DIFX

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