Al Baraka Bank Limited was established in 1989 and operates as a commercial Islamic bank. The bank has 4 corporate offices and 6 retail branches.
Mr. Shabir Chohan Board Member & CEO Al Baraka Bank Limited - South Africa 2 Kingsmead Boulevard, Kingsmead Office Park, Stalwart Simelane Street, Durban 4001, South Africa Tel: +2731 364 9000 Fax: +2731 364 9001 www.albaraka.co.za
About Al Baraka
Al Baraka Islamic Bank - Bahrain (AIB - Bahrain) established 1984 in Bahrain and up the years has pioneered the development of Isl... read more>>
Current Accounts: On demand accounts are not entitled to receive profits but do not bear any loss either. They are designed speci... read more>>
Commercial & Corporate
Murabaha is an Islamic form of asset financing and has a fixed term and a pre-determined profit. In a Murabaha the bank buys a spe... read more>>