News   

   2019
   
 

Al Baraka has completed the training of a group of university students in various specializations

 3 September 2019

Within the framework of social responsibility towards the community and the belief in the importance of training and qualifying young cadres, Al Baraka Banking Group and Al Baraka Islamic Bank organized a training program for a new batch of university students, which included 11 students from various local and foreign universities for the summer training program to prepare them to enter the labor market.

The program included a number of theoretical and practical training programs in addition to field training in various sections of the Group and the Bank. The program included also organizing a number of specialized workshops for trainees in the areas of Islamic banking principles, Islamic banking products, creative thinking, innovation of new banking products, and how to prepare, present, and market new business projects. In addition to the workshops offered by Al Baraka Banking Academy on human development, self-development, time management, effective communication arts, teamwork, team building, and presentation skills.

At the end of the training program, Mr. Abdulrahman Shehab, Executive Vice President - Head of Operations and Administration at Al Baraka Banking Group met with the trainees, where he welcomed them and expressed his pride in the skills they showed during the training period, stressing that the Group and the Bank are proud today that they have large and prestigious community contributions, including their contribution in creating jobs for the younger generation and facilitate their entry into the labor market armed with the knowledge and experience necessary to succeed and advance in their career. In addition, the Group and the Bank are keen to make sure that the training programs they provide are comprehensive and intensive to achieve the greatest benefit to them and help they had better understand their academic studies in their professional, banking and financial aspects, especially as the Group and the Bank have rich experience in these areas.

Al Baraka Banking Group and Al Baraka Islamic Bank have successfully managed the summer training program over the past years, which has witnessed a steady increase in the number of trainees to hundreds of trainees who have taken up positions in various companies, institutions and banks in Bahrain.

NOTES FOR MEDIA
About Al Baraka
Al Baraka Banking Group B.S.C. ("ABG") is licensed as an Islamic wholesale bank by the Central Bank of Bahrain and is listed on Bahrain Bourse and NasdaqDubai. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion.

The Group has a wide geographical presence in the form of subsidiary banking units and representative offices in 17 countries, which in turn provide their services through over 700 branches. Al Baraka Banking Group has operations in Jordan, Egypt, Tunis, Bahrain, Sudan, Turkey, South Africa, Algeria, Pakistan, Lebanon, Saudi Arabia, Syria, Morocco and Germany, in addition two branches in Iraq and two representative offices in Indonesia and Libya.

ABG and its Units offer retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of ABG is US$ 2.5 billion.

ABG is rated BB (long term) / B (short term) by Standard & Poor's and BBB+ (long term) / A3 (short term) by Islamic International Rating Agency (IIRA). IIRA has also rated ABG on the national scale at A+ (bh) / A2 (bh) with a fiduciary score of 81-85, the highest level amongst Islamic Financial Institutions in the region.

 

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