Al Baraka Banking Group

Overview

Al Baraka Banking Group is Bahrain Bourse: BARKA + Bahraini Islamic banking group + Dallah Albaraka Group + Saleh Abdullah Kamel founding family ~67%+ controlling + one of world's largest Islamic banking groups by countries operations + 15+ countries Islamic banking subsidiaries [1, bh-cro].

History

Jun 2002 — Al Baraka Banking Group ABG founded by Saleh Abdullah Kamel Dallah Albaraka Group as Bahraini Islamic banking group distinctive Bahraini + global Islamic banking heritage.

2014 — Al Baraka Mobile banking app launch.

Ownership & operator

Operating entity: Al Baraka Banking Group ABG (Bahraini Islamic banking group; Bahrain Bourse: BARKA).

Major shareholders: Dallah Albaraka Group + Saleh Abdullah Kamel founding family ~67%+ controlling + Bahraini retail + institutional + foreign investors free float.

Regulators: CBB Central Bank of Bahrain + DSN Shariah Supervisory Board + national regulators across 16+ countries.

Technical integration

Al Baraka Mobile banking app (iOS + Android) + albaraka.com online + Al Baraka Banking Group ABG branch network across Bahrain + Turkey + Jordan + Egypt + Syria + Pakistan + Iraq + Sudan + Saudi Arabia + South Africa + Tunisia + Lebanon + Algeria + Germany + Libya + India + Al Baraka Visa + Mastercard cards; BH IBAN + Benefit BH + Islamic-compliant retail + commercial banking (no interest; profit-sharing + Murabaha + Sukuk).

Implementations & partners

Al Baraka Banking Group subsidiaries: [[albaraka-turk]] (Albaraka Türk; Bahrain parent; Turkish participation Islamic bank) + [[jordan-islamic-bank]] (Jordan Islamic Bank JIB; Al Baraka Banking Group Bahrain parent ~66% controlling).

Major Bahraini banking + payments competitors: [[nbb-bank]] (National Bank of Bahrain NBB; Bahrain Bourse: NBB; Bahrain's largest commercial bank by assets) + [[ahli-united-bank-bahrain]] (Ahli United Bank AUB; Bahrain Bourse: AUB; Kuwait Finance House KFH Kuwaiti parent ~96.7% controlling) + [[arab-banking-corporation]] (Arab Banking Corporation Bank ABC; Bahrain Bourse: BANB; Bahraini international commercial banking group + 25+ countries operations) + [[ithmaar-bank]] (Ithmaar Bank; Bahrain Bourse: ITHMR; Bahraini Islamic bank) + [[bahrain-islamic-bank]] (Bahrain Islamic Bank BISB; National Bank of Bahrain Islamic banking subsidiary) + [[khaleeji-commercial-bank]] (Khaleeji Commercial Bank KHCB; Bahrain Bourse: KHCB; Bahraini Islamic bank) + [[credimax-bahrain]] (CrediMax Bahrain credit card scheme + payment processor).

Regulators: CBB Central Bank of Bahrain + DSN Shariah Supervisory Board + national regulators across 16+ countries.

Status

Active, Bahrain Bourse:BARKA + Bahraini Islamic banking group + Dallah Albaraka Group + Saleh Abdullah Kamel founding family ~67%+ controlling + one of world's largest Islamic banking groups by countries operations + 15+ countries Islamic banking subsidiaries [1, 2].

Sources

• 1 Al Baraka — official
• 2 Al Baraka — Wikipedia
• bh-cro In-corpus: reports/countries/BH-bahrain.md

Source

Biography extracted from albaraka-bahrain.md. See matrix.md for standards-support matrix if present.