Introduction to the Board of Directors

At Al Baraka, we pride ourselves in having the professionalism and expertise of a Commercial Enterprise, combined with the Customer Service of a family-run business. This responsibility is taken heed by our staff, with passion and intent. The South African philosophy of “Ubuntu” (Humanity), can be translated as “I am because we are”, which we seek to manifest through our co-responsibility towards our clients and community alike. Our staff, or Corporate Family, is comprised of highly qualified, experienced, and enthusiastic individuals who will strive to provide You with proficient, professional and accommodating service.Al Baraka Bank’s board of directors comprises of international and local business people, all with the requisite business skills, coupled with exceptional collective knowledge, expertise and experience in Islamic banking.

The Board of Directors (the “Board”) is responsible for the establishment and oversight of the Group’s business strategy and priorities, for setting its high-level policies and for overall management; and is accountable to the shareholders for the financial and operational performance of the Group. It is responsible for raising and allocating of capital, monitoring of the Executive Management and its conduct of the Group’s operations, making critical business decisions and building long-term shareholder value. The Board, through approving and monitoring the Group’s risk appetite, and identifying and guarding against the longer term strategic threats to the business, ensures that the Group manages risk effectively.