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The Bahrain-based leading Islamic banking group Al Baraka Banking Group and four of its subsidiary banking units received the "Best Islamic Financial Institution" Award of 2018, as part of the annual awards that the Global Finance magazine, which is specialized in banking and finance, awards to international banks and financial institutions.
Al Baraka Banking Group received the "Best Islamic Financial Institution in Africa Award, Al Baraka Islamic Bank Bahrain received the "Best Islamic Financial Institution in Bahrain" Award, Jordan Islamic Bank received the "Best Islamic Financial Institution in Jordan" Award, Al Baraka Bank Algeria received the "Best Islamic Financial Institution in Algeria, and Al Baraka Bank Tunisia received the "Best Islamic Financial Institution in Tunis" Award.
The winning of these awards by ABG and its four subsidiary banking units for the sixth successive year was announced in a final result statement by the magazine's Award Committee, which included in its membership, a number of economists and editors of Global Finance, international financial advisors and a number of bank managers and experts in the field of banking.
Meliksah Utku, Board Member and General Manager of Al Baraka Turk Participation Bank and Nurul Bariah Djaafar, Chief Representative of Indonesian Representative Office received the awards on behalf of the Group. On this occasion, Board Member and President & Chief Executive of Al Baraka Banking Group Adnan Ahmed Yousif said: "We are very happy with the achievement of ABG and four of our banking units in winning this international award for the sixth successive year."-PR

Copyright Business Recorder, 2018

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