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Tag "Al Baraka Bank"

Al Baraka Bank plans subordinated sukuk in Jordan

Al Baraka Bank plans subordinated sukuk in Jordan

🕔17:54, 16.Feb 2015

MANAMA: Bahrain-based Al Baraka Banking Group is planning on issuing its first Islamic bonds, or sukuk, for its Jordanian unit later this year, chief executive Adnan Ahmed Yousif told Reuters.

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Al Baraka Bank issues first subordinated sukuk in Pakistan

Al Baraka Bank issues first subordinated sukuk in Pakistan

🕔21:53, 2.Oct 2014

ISLAMABAD: The Pakistani unit of Bahrain’s Al Baraka Banking Group has raised 2 billion rupees ($19.5 million) via the country’s first issuance of subordinated sukuk, or Islamic bonds, a bank official said.

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