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Al Baraka Islamic Bank and Smart Care Medical Centre signs Medical Finance agreement

Al Baraka Islamic Bank and Smart Care Medical Centre signs Medical Finance agreement

Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, has recently signed an agreement with Smart Care Medical Centre to provide exclusive financing packages for the Bank’s customers through Medical Ijara finance scheme, in a signing ceremony attended by Ms. Fatema AlAlawi Chief Retail Officer at Al Baraka Islamic Bank and Mr. Islam Mahmoud Abdelhadi, Chief Executive Officer of Smart Care Medical Centre, at the Bank premises.

This comes in alignment with the Bank’s continuous role in community partnerships towards delivering tailored banking services and products that meet the needs of the Bank customers.

The exclusive financing offer from Al Baraka Islamic Bank includes low profit rates, over a maximum tenure of 3 years aiming to ease the medical payments for all of Al Baraka Islamic Bank customers.

Al Baraka Islamic Bank’s Chief Retail Officer, Ms. Fatema AlAlawi, commented on this occasion: “We are proud to be one of the leader providers of the Medical Financing Schemes in the banking industry. Our initiatives fall in line with our efforts to provide our customers with viable options for financing the cost of medical procedures and simplify the process of obtaining services from top local medical facilities in Bahrain. Additionally, we are pleased are also pleased to have Smart Care Medical Centre among our health care network and look forward to further productive partnerships with them in the future, which will provide the bank’s valued customers with valuable services and amenities”.

Mr. Islam Mahmoud Abdelhadi, Chief Executive Office of Smart Care Medical Centre commented: “we recognize that healthcare is personal and people come to us for medical support and care in their time of need; we thus honor that we are able to offer them support and care without burdening them with financial hardships through Al Baraka Bank Medical Finance”.

For any further information, kindly visit our website at or call us on 13300400.

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