Al Baraka Bank Limited was established in 1989 and its activities are directed mainly at the 2% of Muslims in the population of South Africa. It has 135 employees covering its Durban head office and four branches in Durban, Johannesburg, Pretoria and Cape Town. The bank collects deposits and provides financial facilities – trade, asset based motor vehicle and property finance - mainly through murabaha and musharaka - to its customers.
Mr. Shabir Chohan
Chief Executive Officer
Al Baraka Bank Ltd.
1st Floor, 134, Commercial Road
Durban, South Africa
Tel: +2731 366 2800
Fax: +2731 305 2631
Website: www.albaraka.co.za |
