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Press Releases

Al Baraka Bank Spreads Warmth with Blanket Drive 2025

Al Baraka Bank Spreads Warmth with Blanket Drive 2025

As winter tightens its grip on South Africa, Al Baraka Bank has once again stepped up to provide warmth and comfort to those in need through its An...

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Al Baraka Bank Steps Up Support for Learners in Need with Annual School Shoe Drive

Al Baraka Bank Steps Up Support for Learners in Need with Annual School Shoe Drive

01 April 2025 For many disadvantaged learners in South Africa, a pair of school shoes is not just part of their uniform—it is a necessity that impa...

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Al Baraka Bank Welcomes Zahid Fakey as New Chairman

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...

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Al Baraka Bank Wins Three Prestigious Awards at IFN Awards 2024

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 ...

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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, ...

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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:...

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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. ...

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Al Baraka Bank's Initiatives for Mandela Day 2024

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...

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Al Baraka Bank Successfully Conducts Blanket Drive 2024

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...

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Al Baraka Bank Posts Record Financial Results for 2023 Financial Year, With Net Profit Before Tax Growing By A Massive 121%

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...

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Al Baraka Bank Wins Best Islamic Bank South Africa at IFN Awards

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 ...

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Al Baraka Bank Hosted Successful Career Day 2024: Empowering Youth for Future Success

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...

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