Annual Report 2012 - Al Baraka Investment and Development
Annual Report 2012 - Al Baraka Investment and Development
Annual Report 2012 - Al Baraka Investment and Development
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unified corporate identity<br />
one Vision - one identity - one group<br />
Early in 2009, <strong>Al</strong> <strong>Baraka</strong> Banking Group commenced the<br />
methodical rollout of its new Unified Corporate Identity to<br />
all parts of the Group, the launch of which was well received<br />
by the markets. While propelling the <strong>Al</strong> <strong>Baraka</strong> br<strong>and</strong> to the<br />
forefront of Islamic banking, <strong>and</strong> emphasising the Group’s<br />
commitment to becoming the natural global leader in Islamic<br />
banking, the new corporate identity is also a strong symbol<br />
of the uniting of all subsidiaries under a single banner. Today<br />
the <strong>Al</strong> <strong>Baraka</strong> Group st<strong>and</strong>s apart as an institution, with its<br />
own unique <strong>and</strong> unified philosophy, regulations, procedures<br />
<strong>and</strong> corporate culture in place. The Unified Corporate Identity<br />
is not merely a cosmetic change to the logo, its aesthetics or<br />
consistency of colour, but goes far beyond that. It is nothing less<br />
than an attempt to link the philosophical dimension upon which<br />
Islamic banking is based - participation <strong>and</strong> partnership <strong>and</strong><br />
the equitable sharing of risk <strong>and</strong> reward through the projection<br />
of a unified <strong>and</strong> modern identity. We see this re-launch of our<br />
br<strong>and</strong> as the first step on a journey, as we work towards the<br />
creation of a unified banking group whose many subsidiaries<br />
are focused jointly on a single unifying vision.<br />
The unified identity has helped the Group to prioritise its<br />
values <strong>and</strong> ambitions, raising them above the mere attainment<br />
of corporate size or product range <strong>and</strong> delivery. Instead, we<br />
believe that as we build our customer relationship based on<br />
the spirit of true partnership, our growth will be both inevitable<br />
<strong>and</strong> natural.<br />
We at <strong>Al</strong> <strong>Baraka</strong> believe that banking has, or ought to have, a<br />
crucial role to play in society, one in which as bankers we have<br />
an incredible responsibility of stewardship for the resources<br />
placed in our h<strong>and</strong>s. To meet this responsibility <strong>and</strong> use these<br />
resources wisely, we rely on Shari’a principles to guide us as we<br />
participate in our customers’ successes, sharing in the social<br />
development of families, businesses <strong>and</strong> society at large.<br />
08<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />
Return to Contents<br />
By ‘partnership’, therefore, we mean that our success <strong>and</strong> that<br />
of each of our customers are as intertwined as our jointly held<br />
beliefs. Taking part in the joint effort is therefore our reward.<br />
We view money as a means to capitalise on opportunities <strong>and</strong><br />
create a better society for all. Money becomes the conduit<br />
by which we enter into new opportunities together <strong>and</strong> take<br />
part in common effort for mutual reward; as steward of the<br />
resources entrusted to us, our efforts contribute to building<br />
the community, both at home <strong>and</strong> in the wider world. We call<br />
this concept: “Beyond Banking.”<br />
Our Vision<br />
“We believe society needs a fair <strong>and</strong> equitable financial system:<br />
one which rewards effort <strong>and</strong> contributes to the development<br />
of the community”<br />
Our Mission<br />
“To meet the financial needs of communities across the world<br />
by conducting business ethically in accordance with our beliefs,<br />
practicing the highest professional st<strong>and</strong>ards <strong>and</strong> sharing the<br />
mutual benefits with the customers, staff <strong>and</strong> shareholders who<br />
participate in our business success”