Starting operations in 1992, Al Baraka Bank Lebanon became the first Islamic Bank in the country to work under the rules of Fiduciary Contract Law Number 520 – dated June 6, 1996 – in full compliance with Islamic Sharia.
When the Lebanese Parliament decreed the Islamic banking law in 2004, the bank became a fully fledged Islamic bank. Today, the bank has seven branches, including one in Beirut and others in major Lebanese cities………………………………………..Full Article: Source