The treasury department of AIB are mandated to manage the overall liquidity position of the bank by securitizing medium-to-long term funds in order to support the business unit in their requirements as well as fund providing, with the aim of generating a sharia’ compliant risk-adjusted return. In addition, the department has an established portfolio as we are actively engaged in dealing with sovereign backed entities by acquiring governmental-backed sukuks short terms and long terms.
Given Al Baraka’s network and strong geographical presence in over 15+ countries, this has ultimately resulted into implemented effective strategies in dealing with foreign currencies and provide our consumers with the most competitive rates.