Al Baraka Bank Welcomes Zahid Fakey as New Chairman
Al Baraka Bank is pleased to announce the appointment of Mr. Zahid Fakey as its new Chairman effective 1 March 2025. With a career spanning over 20...
Press Releases
Al Baraka Bank Wins Three Prestigious Awards at IFN Awards 2024
Al Baraka Bank – Ethical. Trusted. Award-Winning Al Baraka Bank is proud to announce that it has been honoured with three prestigious awards at ...
Al Baraka Bank Invests R35 000 in Extra Matric Tuition, Support, and Stationery at Disadvantaged School
17 FEBRUARY A severely under-resourced high school on KwaZulu-Natal’s lower south coast, serving rural learners striving for a quality education, ...
Unlocking Financial Security: Harnessing Tax-Free Savings Amid Economic Uncertainties
As South Africa navigates ongoing economic challenges, prioritizing financial security is more important than ever. Nasir Seedat, General Manager:...
Al Baraka Bank Celebrated Arbour Week 2024 with Tree Planting and Environmental Education Initiatives
In celebration of Arbour Week, Al Baraka Bank launched an environmental initiative across multiple schools in Durban, Johannesburg, and Cape Town. ...
Al Baraka Bank's Initiatives for Mandela Day 2024
#ItIsInYourHands Durban, 18 July 2024 - Mandela Day, an annual global celebration, honours the life and legacy of Nelson Mandela. On this day, indi...
Al Baraka Bank Successfully Conducts Blanket Drive 2024
20 June 2024 In response to the severe challenges faced by the homeless and other disadvantaged members of society during South Africa’s harsh Wint...
Al Baraka Bank Posts Record Financial Results for 2023 Financial Year, With Net Profit Before Tax Growing By A Massive 121%
10 May 2024 Al Baraka Bank, South Africa’s only fully-fledged, commercial Islamic financial institution, has surged to the delivery of record finan...
Al Baraka Bank Wins Best Islamic Bank South Africa at IFN Awards
05 May 2024 Al Baraka Bank is proud to announce that it has been awarded the prestigious title of Best Islamic Bank South Africa for the year 2023 ...
Al Baraka Bank Hosted Successful Career Day 2024: Empowering Youth for Future Success
06 May 2024 Al Baraka Bank is pleased to announce the successful conclusion of its Career Day 2024, which took place on May 4th in Ixopo. The event...
Al Baraka Bank Launches R40 000 School Shoe Drive, Bringing Dignity To Deserving Learners Across South Africa
01 March 2023 The lack of school shoes negatively impacts the learning process, whilst also compromising the dignity and confidence of disadvantage...
Make Tax-Free Savings Work For You In 2024 Amidst Ongoing Economic Challenges
07 February 2024 As South Africa navigates through ongoing economic challenges, Al Baraka Bank, represented by its General Manager: Retail and Weal...