Oct 2 (Reuters) - The Pakistani unit of Bahrain's Al Baraka Banking Group has raised 2 billion rupees ($19.5 million) via the country's first issuance of subordinated sukuk, or Islamic bonds, a bank ...
Bahrain-based Bank Alkhair said on Wednesday it had received approval from the central bank of Pakistan to sell its stake in Pakistan’s Burj Bank to a subsidiary of Bahrain’s Al Baraka Banking Group.
DUBAI (Reuters) - Bahrain-based Al Baraka Banking Group said it is considering issuing subordinated Islamic bonds through its South African and Pakistani units to boost their regulatory capital. The ...
Pioneering Islamic bank serving corporate and retail customers for 35 years Muhammad Atif Hanif, CEO, Al Baraka Bank (Pakistan) Since his appointment as CEO of Al Baraka Bank (Pakistan) in 2022, ...
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