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Al Baraka South Africa

Al Baraka Bank Limited was established in 1989 and operates as a commercial Islamic bank. The bank has 4 corporate offices and 6 retail branches.

Al Baraka Bank Limited
Mr. Shabir Chohan
Board Member & CEO
2 Kingsmead Boulevard, 
Kingsmead Office Park,
Stalwart Simelane Street
P.O.Box 4395,
Durban 4000,
South Africa
Tel: +2731 364 9000
Fax: +2731 364 9001
website: www.albaraka.co.za

  Last Updated:08/08/2017
  About Al Baraka
Al Baraka Islamic Bank - Bahrain (AIB - Bahrain) established 1984 in Bahrain and up the years has pioneered the development of Isl... read more>>

Current Accounts: On demand accounts are not entitled to receive profits but do not bear any loss either. They are designed speci... read more>>

  Commercial & Corporate
Murabaha is an Islamic form of asset financing and has a fixed term and a pre-determined profit. In a Murabaha the bank buys a spe... read more>>
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