Al Baraka Islamic Bank signs education financing agreement with Gulf University

Manama, October 21 (BNA) Al Baraka Islamic Bank (AIB) signed an agreement with Gulf University to provide educational financing for students wishing to enroll in the university.

Through the Education Financing Program, the Bank aims to encourage promising students to obtain a higher education degree in order to advance in their future careers through fully equipped local institutions to prepare the future generation with the necessary skills to enter the labor market. . The Education Finance Program offers low profit rates over a maximum period of 3 years for those who wish to pursue a higher education degree at local institutions.

“We are proud of our partnership with Gulf University in our newly launched Education Funding Programme. We at Al Baraka Islamic Bank believe in the importance of contributing to providing educational financing for Bahraini youth to support them in their educational path, because they are the future leaders in the Kingdom. Commenting on the occasion, Ms. Fatima Al-Alawi, Head of Retail Banking at Al Baraka Islamic Bank, stated on this occasion.

“We are pleased to partner with a reputable institution such as Al Baraka Islamic Bank and commend their continued support and efforts in providing promising students with educational funding to support them in obtaining their higher education degree,” Professor Muhannad Al Firas, President of Gulf University said.

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