Al Baraka Bank (Pakistan) Ltd (ABPL) is part of Al Baraka Group B.S.C. ("ABG"). Al Baraka Group is licensed as an Investment Business Firm – Category 1 (Islamic Principles) by the Central Bank of Bahrain and is listed on Bahrain Bourse. ABG is a leading international Islamic financial group providing its financial services through its banking subsidiaries. ABG’s network serves a population totaling around one billion customers.
The Group has a wide geographical presence in the form of subsidiary banking Units and representative offices in 15 countries, which in turn provide their services through over 600 branches. Al Baraka Group has operations in Jordan, Egypt, Tunis, Bahrain, Sudan, Turkey, South Africa, Algeria, Pakistan, Lebanon, Syria, Morocco and Germany, in addition to two branches in Iraq and one representative office in Libya.
Dr. Jehad El-Nakla – Chairman (Director nominated by Al Baraka Islamic Bank)
Dr. Jehad El-Nakla is currently an Independent Board Member of Takaful Emarat – Insurance(PJSC). He previously served on the Boards of Al Baraka Group (ABG) and Jordan Islamic Bank in addition to the role of Chairman of the Board of Directors of Al Baraka Bank Sudan. Dr. El-Nakla had served in a number of the Board Committees of above institutions.
He is also a Senior Advisor at Acreditus Partners, which is a boutique advisory services covering risk, governance, credit ratings and Sukuk. Prior to this, he served as the General Manager of Moody’s Investors Service Middle East (Moody’s Credit Rating Agency) in Dubai from November 2007 until March 2020. Dr. El-Nakla also served on the boards of three of Moody’s subsidiaries in Egypt, Cyprus and the UAE. Prior to Moody’s, he was a Deputy General Manager at Arab National Bank in Riyadh.
Dr. El-Nakla has about 35 years of experience in mixed commercial banking and credit rating agency at senior levels as well as possessing strong credit, risk management and financial analysis skills. Dr. El-Naka has a PhD degree in Numerical Analysis from Loughborough University in the UK.