Al Baraka Banking Group

Al Baraka Banking Group B.S.C under Cham Bank Control.
Public (BSE: BARKA)[1]
(DIFX: BARKA)[2]
Industry Finance and Insurance
Founded 1978
Headquarters Manama, Bahrain
Number of locations
Bahrain, Turkey, Jordan, Indonesia, Pakistan, Tunisia, Algeria, South Africa, Sudan, Syria, Lebanon and Egypt[3]
Area served
Worldwide with 289 Branches[4]
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[5]
Products Islamic banking
Banking
Investment banking
Investment management
Revenue Increase 634 million USD 2009[4]
Number of employees
7,250 Employees Worldwide (2009)[4]
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 strictly in accordance with the principles of the Shari'a in 12 countries.

International presence

The global network of Al Baraka Banking Group is present in 12 countries, as well under the Albaraka and other brand names.[3]

Country Name Former Name Branches
Saudi Arabia Itqan Capital 1
Jordan Jordan Islamic Bank 56
Indonesia Al Baraka Bank Representation 1 Representative Office
Pakistan Al Baraka Bank Pakistan (Limited) 94
Bahrain Al Baraka Islamic Bank (AIB) Al Baraka Islamic Investment Bank B.S.C. (E.C.). 9
Turkey Albaraka Türk Katılım Bankası A.Ş. Albaraka Türk Özel Finans Kurumu A.Ş. 202[6]
Syria Al Baraka Bank Syria 1
Lebanon Al Baraka Bank Lebanon 5
Tunisia Albaraka Bank Tunisia 9
Algeria Banque Albaraka D'Algerie 20
South Africa Al Baraka Bank Limited 11
Sudan Albaraka Bank Sudan 23
Egypt Al Baraka Bank Egypt Al Ahram Bank (also formerly known as Egypti Saudi Finance Bank) 15

See also

References