Although ABBL was formed in 1992 and operates under a commercial banking licence. Its activities comprise retail and commercial banking. The bank has 5 branches and largely concentrates on the management of unrestricted investment accounts and the provision of retail banking services to small businesses and the general public.
Mr. Mutasim Mahmassani Board Member & General Manager AlBaraka Bank Lebanon Rashid Karameh Street Verdun 2000 Centre, 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>>
Individuals
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>>
