For the Third Year in a row - Al Baraka Islamic Bank wins “Best Islamic Bank in Bahrain” Award
- Al Baraka Islamic Bank B.S.C (c) was chosen as the Best Islamic Bank in the Kingdom of Bahrain for 2015 for the third year in a row, through the annual comprehensive referendum conducted by the Foundation of Islamic Finance News.
The Award was received by Mr. Mohamed Issa Al Mataweh Member of the Board of Directors and Chief Executive Officer of Al Baraka Islamic Bank in the annual ceremony, which was organized in the city of Dubai recently.
The voting in favor of Al Baraka Islamic Bank to win this award for the year 2015 was through the annual referendum organized by «Islamic Finance News», where it invited Islamic financial companies and investors and companies from outside the banking sector and government institutions from around the world to participate in this referendum. The Islamic Finance News is based in Kuala Lumpur and its is an international institution specialized in providing news for the Islamic financial sector.
The Islamic Finance News Awards are considered the most transparent and competitive international awards, and are subject to strict standards when voting, where companies and banks are not allowed to vote for themselves, but are subject to the judgment of others.
On this occasion, Mr. Mohamed Isa Al Mataweh said: "We are honored to get this distinguished honoring for the third year in a row from Islamic Finance News supported by the nominations of institutions working in the Islamic finance industry around the world. This distinguished achievement embodies the Bank’s remarkable successes which were achieved in more than 30 years both in terms of expanding its market share in local banking industry or at the level of arrangement of several financing deals locally and regionally, as well as improving the quality and quantity of its Islamic services and products for all segments of society. This Award comes to confirm our commitment to providing distinct banking services for companies and individuals alike " .