Al Baraka Islamic Bank receives Best Medical Financing Services Award

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Al Baraka Islamic Bank has recently emerged as the winner of "Best Banking Product for Medical Services Financing" award at the Cosmopolitan the Daily Awards 2023, in recognition of the bank's outstanding achievements in providing financing solutions for healthcare, through the Medical Services Financing service via Sharia Complaint Service Ijara Contract.

Ali Al Darzi, Al Baraka Islamic Bank's Acting Head of Retail Banking, emphasized that this accomplishment is a testament to the bank's ongoing dedication to making positive and tangible change within society by developing banking tailored products and services that cater to customers’ needs and in line with the environmental and social governance principles (ESG).

The medical services financing product is intended to give customers the ability to receive financing for permissible medical procedures in the event of an emergency and through the greatest medical facilities in the Kingdom.