Press Release
Doha, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the 8th round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As such, Mr. Ibrahim A.Rahman K A Al Naimi, Mr. Mohammed Sultan M A Al-Kuwari, Mr. Nasser Hamad N H Al Naimi and Mr. Jassim Mohamed A M Fakhroo, each won a cash prize of QR 10,000.
Barwa Bank convened its Annual General Meeting (AGM) on Monday the 25th of April 2016, during which the results for the fiscal year ending on December 31, 2015, and the cash dividends of 10 percent to shareholders, were approved.
During the AGM, all items on the agenda were discussed, such as hearing and approving the Board's Report for the year that ended December 31, 2015, as well as discussing and approving the group’s future business plans. This also came in line with hearing and approving the External Auditor's Report of the year ending December 31, 2015 and discussing the bank’s balance sheet for the year, including profits and losses. The General Assembly approved the Board of Directors’ proposal on the distribution of cash dividends of 10% of the nominal value of the shares at the rate of one riyal per share.
Also, a cash prize worth QR 25,000 was awarded to the following bank clients: Nashwa Osman Ali Omer, Abdulasees Chevidikkunnan Koyamu , Ali Hassan Y H Al-Ansari, and Alawi Abdulkadir Aljuneid . The draw’s seventh round was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Economy and Commerce
Anchored by its mission and values of putting the community first and being an active player in the economic development of Qatar and the well-being of its people, Barwa Bank, Qatar’s most progressive Shari’ah-compliant financial services provider, will be the Main Sponsor of the 32nd GCC Traffic Week, the region’s premier annual traffic safety and awareness event.
Barwa Bank, Qatar’s most progressive Shari’ah-compliant services provider, has announced the appointment of Mr. Nasser Rashid Al-Humaidi as the Group’s Chief Operating Officer (GCOO).
Mr. Al-Humaidi, who will be directly reporting to the Acting GCEO of Barwa Bank Group Mr. Khalid Yousef Al-Subeai, will be developing an integrated structural framework to enhance operational efficiency, boost productivity and streamline processes and procedures by employing the latest financial sector technologies.
Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, announced the names of the fifth round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As such, Mr. Ahmad Hussin Mohammad Aboshaar, Mr. Abdulrahman Abdulsamad A A Al-Mulla, Mr. Alawi Abdulkadir Aljuneid, and Ms. Ameera Abdelaziz Omer Elhusain, each won a cash prize of QR 10,000.
Doha, Qatar – 18 January 2016 – Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, announced the fourth round of draw winners for Thara’a, its Shari’ah compliant savings account. Capping the 2015 series of draws with a dual reward for Thara’a account holders, the draw doubled up the chance for two participants to walk away with the 1 million riyal grand prize. As such, Mr. Salem Said Al Merri and Mr. Alla Hail Marouf each took home QAR 1 million.
The First Investor (TFI), the investment banking division of the Barwa Bank Group, was recognized at the IAIR Awards 2015 for its legal expertise and excellence.
Barwa Bank, Qatar's newest sharia'h compliant banking service provider, was invited to showcase the details and unique features of its new concept branch that was announced to customers in Qatar earlier last month.
The invitation came from Parma University in Italy where Mr. Hussain Fakhri, Head of Marketing Communications, Barwa Bank addressed the students of masters program in Retail Banking, and explained to them the vision and concept behind the branch.
Barwa Bank, the newest financial services provider in Qatar and Qatar Development Bank (QDB), yesterday signed an agreement that enables Barwa Bank to provide its customers with the benefits of “Al Dhameen”, a loan assurance program for Small and Medium Enterprises (SMEs) in Qatar.
The agreement was signed by Mr. Steve Troop, Chief Executive Officer of Barwa Bank, and Mr. Mansour bin Ibrahim Al Mahmoud, Chief Executive Officer of QDB, in a ceremony held in QDB's main branch.
Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the sixth round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As such, Mr. Nasir Al-Qaifi, Mr. Izzeldin Ismail Bashir Adam, Mr. Jamal Abdu A H Al-Ammari, and Ms. Latifa Fahad Sulaiman S O Shamlan, each won a cash prize of QR 10,000.
Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, has announced the third round of draw winners for Thara’a, the bank’s newest high profit Shari’ah compliant savings account,during which Ziad Hesham Muadamani walked away with QAR 50,000, in addition to Nasser Emair Al-Naemi, AMna Jabor Al-Attiya, Ahmed Majid Alsuwaidi, Syed Furqan Hassan Gilani and Hessa Ibrahim Al-Mulla winning cash prizes worth 25,000 Qatari riyals during the draw that took place at the bank's headquarters.
Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, has announced the third round of draw winners for Thara’a, the bank’s newest high profit Shari’ah compliant savings account,during which Ziad Hesham Muadamani walked away with QAR 50,000, in addition to Nasser Emair Al-Naemi, AMna Jabor Al-Attiya, Ahmed Majid Alsuwaidi, Syed Furqan Hassan Gilani and Hessa Ibrahim Al-Mulla winning cash prizes worth 25,000 Qatari riyals during the draw that took place at the bank's headquarters.
Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, has announced its sponsorship of “The Journey to the depths”, a documentary that recounts young hero Ghanem Mohammed Al Muftah’s diving experience as he overcomes a rare physical ailment with determination. The sponsorship falls under the bank’s larger CSR framework, which supports various initiatives that pour into national development, and honors individuals with special needs who have made a positive impact on their societies.
In its deep-rooted commitment to local heritage and culture, Barwa Bank, Qatar’s most progressive Shari’ah compliant service provider, celebrated the Qatar National Day with the launch of a limited edition credit card.
Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, has announced the second round of draw winners for Thara’a, the bank’s newest high profit Shari’ah compliant savings account,during which Mohd Abdulla Alemadi won a prize worth 50,000 Qatari riyals Award, in addition to Ayat Hisham Taha, Jamal Abdu Al-Ammari, Maryam Ibrahim Al-Emadi, Hessa Ibrahim Al-Mulla and Jamal Mohd Al-Kubaisi winning cash prizes worth 25,000 Qatari riyals during the draw that took place at the bank's headquarters.
In a ceremony held at its headquarters in Doha on January 24, Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, celebrated its recognition by CPI financial as “Best Retail Bank for 2015”.
CPI Financial, the well-reputed publisher of Banker Middle East, has recognised Barwa Bank for leading on innovation in retail banking products and services that delivered on exceptional financial results and an unmatched customer experience. CPI awards are based on a peer-vote process that reflects industry-wide recognition for winners.
Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, has announced first-round draw winners for Thara’a, its latest savings account.
In a first for Qatar’s Islamic banks, Thara’a offers account holders the chance to benefit from cash rewards up to 1,000,000 QAR, seamlessly reconciling core values of Islamic finance and Shari’ah compliant banking with a tiered reward-based loyalty scheme for personal banking customers.
Barwa Bank, Qatar’s most progressive Shari’ah compliant services provider, has announced the promotion of Talal Ahmad Al Khaja to the role of Chief Communications officer. In this newly expanded role, Al Khaja will be tasked with overseeing the bank’s marketing and communications, as well as public and shareholder relations in line with the bank’s evolution and development.
Barwa Bank convened its Annual General Meeting (AGM) on the 31st of May, at which the results and budgets, as well as a cash dividend of 10 percent to shareholders for the fiscal year ending on December 31, 2014, were unveiled and approved. The AGM also discussed the bank’s vision going forward, highlighting the role of Sukuk and bond issuance in its record growth.
Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, held an Annual Gala ceremony to honour the Group’s top performing team members.
Opening the ceremony, the bank’s Chairman and Managing Director, H.E. Sheikh Mohamad bin Hamad bin Jassim Al Thani , welcomed the Barwa Bank Group Board of Directors, the management team and staff members, commenting on how the Group’s successes would not have been possible without the hard work of the talented individuals within the Group:
Total assets grew by 24%
On the heels of a record performance marking the fiscal year 2014, Barwa Bank, Qatar’s most progressive Shari’ah compliant service provider, capped the first quarter of 2015 with equally remarkable results.
Barwa Bank, Qatar’s most progressive Shari’ah compliant service provider, has been recognized by the Euromoney Awards for Innovation in Islamic Finance 2015 for its lead role in international Sukuk issuance. Against a number of criteria across key metrics including innovation, cross border presence and industry growth contribution, Barwa Bank won two awards for Her Majesty’s Treasury GBP 200 million UK Sovereign Sukuk, as well as for the International Finance Facility for Immunisation Company/GAVI $ 500 million Sukuk.
At the Corporate Counsel Middle East Awards 2015, Allen Y. Merhej, Executive Director and Head of Legal at The First Investor, the investment banking arm of Barwa Bank Group , was recognized as the “Highly Commended’’ General Counsel of The Year.
Barwa Bank, Qatar’s most progressive Shari’ah compliant banking service provider, has announced the launch of its summer spend campaign for Visa cardholders, rewarding customers’ retail purchases with extra loyalty points and the chance to go on a fully paid holiday to Milan for four.
Total assets increased by 14 percent
The Board of Directors recommends a 10 percent cash dividend
Barwa Bank, Qatar's most progressive Shari’ah-compliant service provider, has won six awards for Islamic Finance News “Deals of the Year 2014”, the result of industry-wide polling across financial institutions, professional advisers, fund-managers and investors.
Four of the Awards, Deal of the Year, Sovereign Deal of the Year, Sukuk Deal of the Year and UK Deal of the Year went to Barwa Bank for its Joint Lead Manager position for the UK's GBP200 million debut Sovereign Sukuk, a landmark transaction that saw the first Shariah compliant issuance by a western nation.
arwa Bank, Qatar's most progressive Shari’ah compliant service provider, received a prestigious award from Standard Chartered Bank for Straight through Processing (STP) for USD Clearing during 2014.
Each year, the STP Awards are presented to a few select banks that meet very strict selection criteria and transaction monitoring mechanisms. Barwa Bank’s award was handed in recognition of its outstanding levels of automation in USD payment platform.
قدّم بنك بروة، أكثر ﺍﻟﺑﻧﻭﻙ ﺍﻟﻣﺗﻭﺍﻓﻘﺔ ﻣﻊ ﺍﻟﺷﺭﻳﻌﺔ تقدّماً، الرعاية الماسية لفعاليات اليوم العالمي للسرطان 20155 الذي نظمته الجمعية القطرية للسرطان، وذلك تماشيا مع برنامج البنك للمسؤولية الاجتماعية وسعيه لرفع مستوى الوعي في المجتمع القطري.
ومثّل البنك في هذا الحدث الذي عقد في 27 فبراير في كتاراالسيّد خالد مهدي الأحبابي ، المدير العام التنفيذي - رئيس قطاع الأعمال المصرفية، وهدفت الفعالية إلى رفع مستوى الوعي حول علامات وأعراض السرطان والتي يصبح علاجها أسهل في حال الكشف المبكر.
