Al Baraka Bank (Pakistan) Limited Receives Two Awards

The “Best Islamic Structure – Mudaraba Sukuk’ award was received by Mr. Abdullah Ghaffar – Head of Investment Banking while Mr. Afaq Mujeeb – Head Credit Operations Dept received the “Best Corporate Social Responsibility’ on behalf of Al Baraka Bank (Pakistan) Limited.

Emend Group recently organized The Islamic Finance Awards 2015 (IFA 2015) for the first time in Pakistan to set performance and quality benchmarks for the Islamic Banking industry, Islamic Finance professionals and support industry. The award nominees included 13 banks, 12 FMCGs, 7 Consultancies and 8 Education providers across the country that competed against 14 award categories. Nominations in a number of award categories were solicited in May 2015 and were placed before a distinguished committee for deliberation and decisions.

On this occasion, Mr. Adnan Ahmed Yousif, Chairman of Al Baraka Bank (Pakistan) Limited and President & Chief Executive of Al Baraka Banking Group has expressed his deep appreciation for this honoring from this prestigious organization, which confirms the soundness approach that the Al Baraka Bank (Pakistan) Limited follows in laying the foundations of sophisticated Islamic banking institution that is steadily moving towards leadership in the Pakistani market and at the same time servicing the society in active and responsible manner.

For his part, Mr. Shafqaat Ahmed, member of the Board of Directors and Chief Executive Officer of Al Baraka Bank (Pakistan) Limited praised the great efforts made by the Bank to strengthen its position in Pakistan’s economy since the start of operations about 25 years ago, during which it provided a lot of innovative Islamic banking products and services, and at the same time its community contributions were varied, so the Bank today is considered the third largest Islamic bank in Pakistan with around 135 branches spread across 82 Pakistani cities.

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Current Account can be opened in one of the listed currency below with no restriction in the number of withdrawal and deposits.

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Al Baraka Business Plus Account has evolved with time to offer ease, flexibility and a wide range of unmatched free services. This product is specially tailored to match all the daily needs of business class and individual customers.

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Al Baraka Shafqaat Account has been introduced as socially responsible banking services for most valued segments of our society in order for them to make their routine transactions with premium customer support along with healthy return on their investment. Al Baraka is the only full-fledged Islamic bank to offer such account services for the target market mentioned herein. This account comes along with a wide range of free services and benefits.


Al Baraka Mahana Barkah Account provides regular stream of halaal monthly income for lower and middle group customers with the same convenience and services of a regular savings account.