Al Baraka Banking Group

AAA (Licensed as an Islamic Wholesale Bank by CBB)
Public
Traded as BHSE: BARKA
(DIFX: BARKA)[1]
Industry Finance and Insurance
Founded 1978 (1978)
Headquarters

Al Baraka Headquarters Bahrain Bay P O Box 1882

Manama, Kingdom of Bahrain
Number of locations
 Bahrain, Turkey, Jordan, Indonesia, Pakistan, Tunisia, Algeria, South Africa, Sudan, Syria, Lebanon Libya, Iraq and Egypt[2]
Area served
 Worldwide with 650 Branches[3]
Key people
 Shaikh Saleh Abdullah Kamel, Chairman
Abdulla A. Saudi, Vice Chairman and Board Member
Abdullah Saleh Kamel, Board Member & Chairman of the Board Executive Committee
Adnan Ahmed Yousif, President and CEO
Abdulrahman Shehab, COO[4]
Products Islamic banking
Banking
Investment banking
Investment management
Revenue Increase 634 million USD 2009[3]
Number of employees
 11,458 Employees Worldwide (2015)[3]
Parent Dallah Al Baraka Group
Website www.albaraka.com

Al Baraka Banking Group is a Bahraini banking corporation based in Manama, Bahrain. It was formed in 2002 in Manama, Bahrain. The company is listed on the Bahrain Stock Exchange and NASDAQ Dubai, the group offers retail, corporate and investment banking and treasury services in accordance with the principles of the Shari'a in 15 countries.

It is the third-largest banking group in Bahrain with a total assets of $17.2 bn in 2012.[5]

International presence

The global network of Al Baraka Banking Group is present in 15 countries, as well under the Al Baraka and other brand names.[2]

CountryNameFormer NameBranches
Saudi ArabiaItqan Capital1
JordanJordan Islamic Bank92
IndonesiaAl Baraka Bank Representation1 Representative Office
PakistanAl Baraka Bank135
BahrainAl Baraka Islamic Bank (AIB)Al Baraka Islamic Investment Bank B.S.C. (E.C.).6
TurkeyAl Baraka Türk Participation BankAlbaraka Türk Özel Finans Kurumu A.Ş.213
SyriaAl Baraka Bank Syria12
LebanonAl Baraka Bank Lebanon8
TunisiaAl Baraka Bank Tunisia22
AlgeriaBanque Al Baraka D'Algerie30
South AfricaAl Baraka Bank Limited12
SudanAl Baraka Bank Sudan27
EgyptAl Baraka Bank EgyptAl Ahram Bank (also formerly known as Egypti Saudi Finance Bank)29
LibyaAl Baraka Bank Representation1
IraqAl Baraka Türk Participation Bank1

References

  1. ↑ "Al Baraka Bank BARKA". Sharewadi. Retrieved 22 April 2013.
  2. 1 2 "Al Baraka". Al Baraka. Retrieved 22 April 2013.
  3. 1 2 3 "Al Baraka". Al Baraka. Retrieved 22 April 2013.
  4. ↑ "Al Baraka". Al Baraka. Retrieved 22 April 2013.
  5. ↑ The Report: Bahrain 2012. Oxford Business Group. 2012. ISBN 9781907065583.


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