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Al Baraka Banking Group (Al Baraka Group) is a Bahrain Joint Stock Company listed on Bahrain Stock Exchange and NASDAQ Dubai Stock exchange. |
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It is a leading international Islamic bank with Standard and Poors long and short term credit ratings of BBB- and A-3 respectively.
Al Baraka Banking Group offers retail, corporate and investment banking and treasury services strictly in accordance with the principles of the Shari'a.
The authorized capital of ABG is US$1.5 billion, while the total equity amounts to about US$1.52 billion.
The Group has a wide geographical presence in the form of banking Units and representative offices in twelve countries, which in turn provide their services through 300 branches. These banking Units are Jordan Islamic Bank/Jordan, Al Baraka Islamic Bank/Bahrain, Al Baraka Islamic Bank/Pakistan, Banque Al Baraka D'Algerie/Algeria, AlBaraka Bank Sudan/Sudan, Al Baraka Bank Limited/South Africa, Al Baraka Bank Lebanon/Lebanon, Bank Et-Tamweel Al- Tunisi Al Saudi/Tunisia, The Egyptian Saudi Finance Bank/Egypt, Al Baraka Turk Participation Bank/Turkey, Al Baraka Bank Syria (under formation), and an ABG representative office in Indonesia.
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