Small, Medium and Micro Enterprises (SMMEs) that have been crippled by the COVID-19 pandemic need an immediate lifeline if they are to survive and recover after the lockdown is lifted. A group of businesses, led by Willowton Group and Al Baraka Bank, have joined forces to provide this urgently needed[…]
Every year, al-Baraka Bank sends one lucky client on Hajj in its annual Haj Air Ticket Draw. The Bank annually sponsors at least three Hajj investment clients with R10 000 each per in three regions; Kwazulu-Natal, the Western Cape, and Gauteng. To date, the bank has sponsored over 70 hujjaaj[…]
Al Baraka Bank has been awarded a prestigious international accolade, being nominated as the Best Islamic Bank in South Africa for 2015 in the eminent and influential Islamic Finance News annual awards event. Details of the award were released recently by the Bahrain-based and internationally-acclaimed Al Baraka Banking Group B.S.C., of[…]
South Africa’s Al Baraka Bank, which adheres strictly to Islamic banking principles, is a financial institution pursuing a massive growth curve, evidenced by its outstanding interim financial results for the six months ended 30 June this year, disclosed today. In the wake of posting record financial results for the past three[…]
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