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Chairman of Al Baraka to visit Pakistan

25 October 2012:
Mr. Adnan A. Yousif, President and Chief Executive of Al Baraka Banking Group (ABG) Bahrain is visiting Pakistan from 29th October to 31st October 2012. During his stay in Lahore he will chair the 11th Board of Directors meeting of Al Baraka Bank (Pakistan) Limited (ABPL) and will also call upon important dignitaries of the country to exchange views on matters of mutual interest.

ABPL is part of the ABG, Bahrain, a leading Global Islamic banking group. ABG is listed on the Bahrain and NASDAQ-Dubai stock exchanges with over US$ 17.6 billion of assets, equity of over US$ 1.8 billion and a network of more than 450 branches in 15 countries, including Pakistan.

ABPL offers a comprehensive product portfolio to cater to the needs of diversified customer base.  It is the second largest Islamic Bank in Pakistan with total assets exceeding PKR 72 billion and a countrywide network of 89 branches.   Capitalizing on excellent knowledge of regional and local markets, ABPL’s products fully comply with Shariah principles, approved by the Bank’s renowned Shariah Board.

Mr. Adnan Ahmed Yousif (Chairman, Al Baraka Bank Pakistan) is also the current Chairman of the Union of Arab Banks (UAB) and European Islamic Investment Bank and he sits on the board of several financial institutions. Mr. Yousif has been a major force in promoting Islamic Banking not only in the Middle East but also in Europe, and was instrumental in the formation of the Islamic Bank of Britain.Due to his meritorious services to Islamic Banking, Mr. Yousif was conferred the Award of Islamic Banker of the year thrice in the last 5 years by Ernst & Young, and has also been recently listed as the top 50 Most influential Arabs in the world.
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