MANAMA: Al Baraka Banking Group BSC and Al Baraka Islamic Bank BSC (c) organized an awareness workshop for their employees on combating financial crimes, recently.
Captain Mohammed Al-Abdullah from the Anti Financial Crimes Department at the Ministry of Interior conducted the workshop. The workshop discussed a number of issues related to the financial and economic crimes faced by institutions and individuals in the Kingdom of Bahrain and the procedures to be taken to report such violations, in accordance with the Financial Crimes Regulations and laws that are enforced in the Kingdom of Bahrain. A large number of officials and employees of the Group and the Bank attended the workshop.
The workshop was organized by Al Baraka Banking Group and Al Baraka Islamic Bank to educate their employees on the latest developments, legislation and regulations in the field of combating financial crimes in the Kingdom of Bahrain, which are advanced and sophisticated and follow the most modern professional methods in the field of combating these crimes. The workshop aimed to familiarize employees about their role towards helping to detect and report such crimes.
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. It is rated BBB+ (long term) / A3 (short term) by Islamic International Rating Agency and BB (long term) / B (short term) by Standard & Poor’s.
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.
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 697 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 to one branch in Iraq and two representative offices in Indonesia and Libya.
