Al Baraka Bank Lebanon S.A.L. was founded in 1991 and operated under a commercial banking license until 2004 when an Islamic Banking Law was instituted and the Bank obtained an Islamic banking license. Its activities comprise retail and commercial banking in accordance with Islamic Shari'a principles. The Bank operates 7 branches.
Mr. Mutasim Mahmassani Board Member & General Manager Al Baraka Bank Lebanon S.A.L 2nd Floor, Center Verdan 2000, Rashid Karameh Street, Verdan, Beirut, Lebanon Tel: +9611 808008 Fax: +9611 806499 Website: www.al-baraka.com
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>>