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Al Baraka Banking Group
Company Profile:
Al Baraka Banking Group (ABG) was established in Bahrain in 2000 and over the years has played a major role in pioneering the development of Islamic banking and finance in the Kingdom. ABG is a Bahrain Joint Stock Company listed on the Bahrain and NASDAQ Dubai Stock exchange.
The Group has a wide geographical presence in the form of subsidiary banking units and has representative offices in twelve countries including Jordan, Algeria, Egypt, Turkey and South Africa, which in turn provide their services through more than 300 branches.
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.