FOUNDERS OF ISLAMIC BANKING
Al Baraka Banking Group is a Bahrain Joint Stock Company Licensed as an Islamic Wholesale Bank by Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic bank providing its unique services to around one billion people and with Standard and Poors investment grade long term counterparty credit rating of BBB- / A-3 (Short Term). Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of Al Baraka is US$1.5 billion, while total equity amounts to about US$1.8 billion.
The Group has a wide geographical presence in the form of subsidiary banking Units and representative offices in fifteen countries, which in turn provide their services through more than 400 branches. Al Baraka is currently having a strong presence in Jordan, Tunisia, Sudan, Turkey, Bahrain, Egypt, Algeria, Pakistan, South Africa, Lebanon, Syria, Indonesia, Libya, Iraq and Saudi Arabia.
To be the Leading Islamic Banking Group with a World Wide Presence, Offering; Retail, Commercial, Investment Banking, and Treasury Services Strictly in Accordance with the Principles of Sharia.
ABG's Strategic Objectives
- To consolidate the diverse banks in the Group in order to pursue a uniform Group Strategy in their respective countries, whilst retaining their individual identities.
- To provide innovative and high quality research and development into Islamic financial products which comply fully with the principles of Shari'a Law and Islamic values, for the benefit of its customers.
- To utilize the Group's geographical presence to distribute its products and services and promote cross border services.
- To maintain the highest international standards of corporate governance and regulatory compliance.
Our Products and Services
The Group and its subsidiaries are leading providers of a wide spectrum of innovative Islamic financial products and services that covers four main banking areas:
- Investment Banking
- Commercial Banking
- Retail Banking
- Treasury Services
Additional Public Disclosures - 31 December 2011
Consolidated Financial Statements -31 December 2011
Email: [email protected]
Al Baraka Banking Group (Licensed as an Islamic wholesale bank by CBB)
P.O. Box 1882, Manama , Kingdom of Bahrain
Tel: +973 17541122
Fax: +973 17536533
Al Baraka Islamic Bank
Al Baraka Tower
P O Box 1882, Manama, Bahrain
Al Baraka Bank (Pakistan) Limited
162, Bangalore Town,
Jordan Islamic Bank
P O Box 926225,
Amman 11190, Jordan
Al Baraka Turk Participation Bank
Dr. Adnan Buyukdeniz Caddesi, No: 6,
Umraniye, Istanbul, Turkey
Al Baraka Bank Eygpt
60, Mohie Elddin Abu Elezz Street,
P.O. Box 455,
Dokki, Giza, Egypt
Al Baraka Bank Limited – South Africa
2 Kingsmead Boulevard, Kingsmead Office Park, Stalwart Simelane Street,
Durban 4001, South Africa
Banque Al Baraka D'Algerie S.P.A.
Hai Bouteldja Houidef, Villa No.1,
Rocade Sud, Ben Aknoun,
Tel: +21321-916450 to 55
Al Baraka Bank Sudan
Al Baraka Tower,
P.O. Box 3583, Qasr ST, Khartoum, Sudan
Al Baraka Bank Tunisia
88, Avenue Hedi Chaker 1002,
Al Baraka Bank Lebanon S.A.L
2nd Floor, Center Verdan 2000,
Rashid Karameh Street,
Verdan, Beirut, Lebanon
Al Baraka Bank Syria s.a.
P.O. Box 100, Damascus, Syria
Tel: +963 11 443 7820
Fax: +963 11 443 7810
Al Baraka Banking Group, Representative Office, Indonesia
Ravindo Building, 10th Floor,
Jalan Kebon Sirih, No. 75,
Jakarta Pusat 10340, Indonesia
Tel: +62 213161345
Fax: +62 213161074
Al Baraka Banking Group, Representative Office, Libya (Under formation)
Office No. 144, 14th Floor, Tower 1,
Tripoli Tower, P.O. Box 93271, Tripoli, Libya
Tel: +218 (21) 3362310 / +218 (21) 3362311
Fax: +218 (21) 3362312