Al Baraka Banking Group: Purpose, Values, FAQ, Contact Details

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Al Baraka Bank is a multinational banking corporation and is based in Manama, Bahrain. It was formed in 2002 in Manama, Bahrain. The company is listed on the Bahrain Stock Exchange and NASDAQ,[5] the group offers retail, corporate and investment banking and treasury services in accordance with the principles of the Shari’a in 15 countries.

Purpose

Al Baraka Bank is a multinational banking corporation and is based in Manama, Bahrain. It was formed in 2002 in Manama, Bahrain.

Values

  • Partnership
  • Driven
  • Neighbourly
  • Peace-of-mind
  • Social contribution

Vision
We believe society needs a fair and equitable financial system: one which rewards effort and contributes to the development of the community.

Mission
To meet the financial needs of communities across the world by conducting business ethically in accordance with our beliefs, practising the highest professional standards and sharing the mutual benefits with the customers, staff and shareholders who participate in our business success.

FAQ

Do You Charge Commission?

Al Baraka Bank does not charge any commission

Do I Need to Be a Client of The Bank to Purchase Currency?

You do not need to be a client of the bank however proof of residence is required

How Many Days in Advance Must I Book Currency?

Contact your branch a minimum of 2 days in advance to ensure your currency is available when you come into the branch to collect it.

Is There a Maximum Amount of Currency an Individual Is Allowed?

1 million rands per person per calendar year. If you are purchasing for more than R100 000 then a 3 month bank statement is required.

Can I Withdraw from An Absa Branch?

No. Withdrawals are done at any Al Baraka branch. You may send a fax/email instruction to transfer to a bank account of your choice if you have an instruction with your branch.

Contact Details

Tel: 0860225786

Email: customerservices@albaraha.co.za

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