ALGIERS, Algeria -
Faithful to its commitments, Bank ABC continues to deploy its Islamic
finance activity through its Islamic finance window "alburaq" at Bank
ABC's Chlef branch located at 26, rue de la Résistance.The launch of the "alburaq" counter in Chlef, allows the clientele
of individuals, professionals and companies to have full access to a commercial
offer offering 14 products certified in accordance with the principles of
Islamic Sharia.
In this context, Mr. Jawad SACRE, General Manager of Bank ABC Algeria,
said: "This offer was designed in correlation with the growing enthusiasm
for Islamic finance products as well as the encouraging results observed by
Bank ABC, which is an important argument for generalizing the opening of
Islamic finance windows throughout the bank's branch network on the national
territory.
Mr. Samir REZAK, Director of Islamic Finance of Bank ABC Algeria, added:
"A team of specialists with competence in the field ensures the marketing
of our offer in order to best meet the concerns of each client according to the
nature of the operations he wishes to carry out in the context of Islamic
finance".
The Managing Director of Bank ABC Algeria, Mr. Jawad SACRE, concluded:
"Islamic finance is now an integral part of everyone's concerns. After
Algiers and Setif, the extension of the "alburaq" commercial offer to
Chlef confirms our unwavering commitment to contribute to the development of
the national economy while meeting the dual challenge of maintaining a
responsible and local network of agencies. This orientation will strengthen our
position to be one of the pioneers of Islamic finance in Algeria and strengthen
our link with the users of our bank. »