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 the Islamic Finance News (IFN) Awards, held at The Address Sky View in Dubai on the 17th of February 2025. The bank has been named:

• Best Islamic Bank in South Africa

• Best Islamic Corporate Bank in South Africa

• Best Islamic Retail Bank in South Africa

This significant achievement underscores Al Baraka Bank’s unwavering commitment to excellence, innovation, and the continuous provision of world-class Shariah-compliant financial solutions. Winning three awards in a single year reaffirms our position as a leader in the Islamic banking sector in South Africa.

The IFN Awards, recognized as one of the most esteemed accolades in the global Islamic finance industry, celebrate institutions that demonstrate exceptional performance and make a meaningful impact in their markets. The winners are selected through an industry-wide voting process, reflecting the trust and recognition of clients, peers, and stakeholders.

“These awards are a testament to our journey of excellence,” said Nasir Seedat, General Manager: Retail, Wealth & Marketing at Al Baraka Bank. “We dedicate this achievement to our valued clients, dedicated staff, and loyal stakeholders who have been part of our journey. Their trust and support drive us to continuously innovate and enhance our banking solutions.”

This milestone aligns with our ongoing mission to provide ethical, customer-centric, and Shari’ah-compliant financial services. Al Baraka Bank remains committed to fostering financial inclusion, supporting economic growth, and upholding the highest standards of Islamic banking. As we celebrate this achievement, we extend our deepest gratitude to our clients, staff, and partners, reaffirming our commitment to delivering excellence.

For more information, please contact:

Mr. Nasir Seedat

General Manager: Retail, Wealth & Marketing

Mobile: 082 930 6666

Email: nasirs@albaraka.co.za

Website: www.albaraka.co.za

About Al Baraka Bank

Al Baraka Bank is a leading Islamic financial institution dedicated to providing ethical and Shariah-compliant banking solutions in South Africa. With a focus on transparency, integrity, and innovation, Al Baraka Bank offers a diverse range of financial products and services designed to meet the needs of individuals and businesses. Through its commitment to excellence, Al Baraka Bank continues to be a trusted partner in driving sustainable growth and financial well-being for its clients and the broader community