Al Baraka Banking Group

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Al Baraka Banking Group B.S.C (Licensed as an Islamic Wholesale Bank by CBB)
Public
Traded as BHSEBARKA
(DIFX: BARKA)[1]
Industry Finance and Insurance
Founded 1978; 39 years ago (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 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.

International presence[edit]

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

Country Name Former Name Branches
Saudi Arabia Itqan Capital 1
Jordan Jordan Islamic Bank 92
Indonesia Al Baraka Bank Representation 1 Representative Office
Pakistan Al Baraka Bank (Pakistan) Limited 135
Bahrain Al Baraka Islamic Bank (AIB) Al Baraka Islamic Investment Bank B.S.C. (E.C.). 6
Turkey Al Baraka Türk Participation Bank Albaraka Türk Özel Finans Kurumu A.Ş. 213
Syria Al Baraka Bank Syria 12
Lebanon Al Baraka Bank Lebanon 8
Tunisia Al Baraka Bank Tunisia 22
Algeria Banque Al Baraka D'Algerie 30
South Africa Al Baraka Bank Limited 12
Sudan Al Baraka Bank Sudan 27
Egypt Al Baraka Bank Egypt Al Ahram Bank (also formerly known as Egypti Saudi Finance Bank) 29
Libya Al Baraka Bank Representation 1
Iraq Al Baraka Türk Participation Bank 1

References[edit]

  1. ^ "Al Baraka Bank BARKA". Sharewadi. Retrieved 22 April 2013. 
  2. ^ a b "Al Baraka". Al Baraka. Retrieved 22 April 2013. 
  3. ^ a b c "Al Baraka". Al Baraka. Retrieved 22 April 2013. 
  4. ^ "Al Baraka". Al Baraka. Retrieved 22 April 2013.