Al Baraka Banking Group (ABG) is one of the world’s largest Islamic banking networks, headquartered in Manama, Bahrain. The Group provides Shariah-compliant banking services through subsidiaries in 13 countries, serving a population of around one billion customers through more than 600 branches.
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About Al Baraka Banking Group
Al Baraka Group B.S.C. (c) is licensed as an Investment Business Firm – Category 1 (Islamic Principles) by the Central Bank of Bahrain. The Group offers retail, corporate, treasury, and investment banking services strictly in accordance with the principles of Islamic Shariah.
Key Facts
- Founded: June 27, 2002
- Authorized Capital: US$2.5 billion
- Branches: 600+ worldwide
- Countries: 13 countries with operations
- Headquarters: Al-Baraka Tower, Manama, Bahrain
- Regulation: Central Bank of Bahrain
Al Baraka Subsidiaries Worldwide
Al Baraka Banking Group has banking subsidiaries in the following countries:
Middle East & Africa
- Bahrain: Al Baraka Islamic Bank
- Jordan: Al Baraka Bank Jordan
- Egypt: Al Baraka Bank Egypt
- Tunisia: Al Baraka Bank Tunisia
- Sudan: Al Baraka Bank Sudan
- Algeria: Al Baraka Bank Algeria
- South Africa: Al Baraka Bank South Africa
Europe, Asia & Others
- Turkey: Albaraka Türk Participation Bank
- Pakistan: Al Baraka Bank Pakistan
- Lebanon: Al Baraka Bank Lebanon
- Syria: Al Baraka Bank Syria
- Iraq: Two branches
- Libya: Representative office
Al Baraka Islamic Bank (Bahrain)
Al Baraka Islamic Bank (AIB) is one of the leading financial institutions in the Islamic banking sector within Bahrain. Established in 1984, the bank has played a prominent role in building the infrastructure of the Islamic finance industry for over four decades.
For personal and corporate banking services in Bahrain, visit albaraka.bh.
Recent Developments (2024)
In 2022, the Group transitioned from a “Wholesale Bank” to an “Investment Business Firm – Category 1 (Islamic Principles)” under Central Bank of Bahrain regulation. The shares were officially delisted from the Bahrain Bourse on July 4, 2024, marking a strategic transition to streamline decision-making and enhance focus on core Islamic banking activities.
Contact Al Baraka Banking Group
- Headquarters: Al-Baraka Tower, Building No 238, Road No 1704, Block No 317, Manama, Bahrain
- Website: www.albaraka.com
- LinkedIn: Al Baraka Group (ABG)
Frequently Asked Questions
What is Al Baraka Banking Group?
Al Baraka Banking Group is a leading international Islamic financial group headquartered in Bahrain. It provides retail, corporate, treasury, and investment banking services through subsidiaries in 13 countries, strictly following Islamic Shariah principles.
How do I bank with Al Baraka?
Al Baraka operates through local subsidiaries in each country. Find your local Al Baraka bank (Pakistan, Turkey, Sudan, South Africa, Tunisia, etc.) to access personal and corporate banking services. Each subsidiary has its own mobile app and internet banking.
Is Al Baraka a Shariah-compliant bank?
Yes, all Al Baraka Banking Group subsidiaries operate according to Islamic Shariah principles. Products and services are certified by independent Shariah Supervisory Boards in each country. This means profit-sharing instead of interest, and ethical investment guidelines.
Where is Al Baraka headquartered?
Al Baraka Banking Group is headquartered in Manama, Bahrain at Al-Baraka Tower, Building No 238, Road No 1704, Block No 317. The Group is licensed and regulated by the Central Bank of Bahrain.
How many branches does Al Baraka have?
Al Baraka Banking Group provides services through more than 600 branches across 13 countries in the Middle East, Africa, Europe, and Asia. The network serves a population totaling around one billion customers.
Last Updated on January 4, 2026
URL: https://log-in.me/albarakabankinggroup-manama-bahrain/