Al Baraka Tower

Building: 372, Road 4611, Manama / Sea Front 346
3 rates
6.00/10.00
+973 1754 1122

Al Baraka Tower on the map

Assessment

Sidqi al-Fayad (11.10.2017 11:23)
"Islamic banks operate in the Middle East, Europe, Asia and Africa. At the threshold of the 21st century, Islamic banks had about US $700 billion in funds under their management"

A few decades ago, modern banking and financial institutions that encompass Islamic values within their principles and practices seemed to be merely a remote dream. Today, however, Islamic banking has become a viable financial approach that attracts an increasing amount of capital investment. As a concept Islamic Banking was developed as a result of the religious prohibition of the payment or receipt of interest. The fundamental principles of Islamic Banking go back over one thousand four hundred years. They are set out in Shari'a law and are enshrined in the Qur'an, the Hadith and the Sunna. Today, these principles form the basis of the contemporary Islamic Banking range of Islamic financial products & services.
Taaha el-Khalili (11.10.2017 11:23)
Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of Al Baraka is US$ 1.5 billion, while total equity is at about US$ 2.1 billion.
Unnikrishnan Vasudevan Pillai (07.03.2017 11:58)
One of the prettiest building in Bahrain Bay. Unmatched beauty to see during night when the facade is lighted up.

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Bahrain, Manama