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Al Baraka Islamic Bank Wins ‘Best Bank in the Arab World in Terms of Corporate Social Responsibility’ for the Year 2022

Al Baraka Islamic Bank Wins ‘Best Bank in the Arab World in Terms of Corporate Social Responsibility’ for the Year 2022

In the light of its continuous commitment to support the community, Al Baraka Islamic Bank received the coveted ‘Best Bank in Social Responsibility’ Award in recognition of its various corporate social responsibilities initiatives at the recently concluded Arab Banks Awards and Commendations of Excellence 2022. The event was organized by the World Union of Arab Bankers (WUAB), at a high-profile award ceremony in Istanbul, Turkiye during September 2022.

The prestigious award was received by Mr. Khaled Mahmood AlAli, Deputy CEO – Support Group of Al Baraka Islamic Bank, and it was bestowed for the acknowledgment of the Bank’s exceptional and substantial contribution to the betterment of the community’ members welfare, through various CSR initiatives launched in collaboration with public and private sectors aiming to assist in building an environment where every member of the community has an opportunity to shape a future which is safe, secure, content and prosperous.
Conveying appreciation to WUAB for the top recognition and expressing the Bank’s delight in the impressive win, Mr. Khaled said: “We, at Al Baraka Islamic Bank, are very keen on enhancing our Banking services to suit the various requirements and needs of our cherished customers, and it is a validation of our consistent growth and overwhelming success in meeting and exceeding our customer needs to be recognized by one of the top banking organizations in the Arab world. We are extremely honored and proud of receiving the "Best Bank in Social Responsibility in 2022" Award from this prestigious institution, and we perceive it as an added motivation for us to continue fulfilling the Bank’s responsibility towards our customers and the community by converging on both economic growth and social development”.

The World Union of Arab Banks (WUAB) is a sister organization of the Union of Arab Banks (UAB), a non-profit, non-governmental organization that aims is to facilitate a platform for networking among Arab bankers and finance professionals along with their foreign counterparts, thereby strengthening relations with international markets and enhancing the position of the Arab banking and financial industries worldwide.
With its establishment in 1984 in the Kingdom of Bahrain, Al Baraka Islamic Bank B.S.C. – Bahrain has a longstanding track record of delivering excellence, innovation and superior results. The Bank ranks among the leading providers of Islamic banking products and services to its international clientele and focuses primarily on developing innovative and distinguished Investment solutions in compliance with Islamic Sharia principles, supported by its a sound financial position.
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