Category: Banks. Country: Bahrain.
"To be a leading and a diversified International Islamic Bank, offering a wide range of quality products and services and forming strategic alliances for a competitive edge". "We strive to be a premier regional Islamic bank, dedicated to the economic and social development of our target markets, maximizing our clients and shareholders value, and focusing on the human resource development in an environment of creativity and innovation". AlBaraka Islamic Bank is a leading Islamic Bank operating in Bahrain, covering Saudi Arabia, UAE, other GCC countries and Pakistan. The bank has a large base of customers who aspire to conduct their investments and financial transactions on the lines of Islamic Sharia. AlBaraka is a joint stock company registered in Bahrain as an exempt company. The Bank was incorporated and licensed to operate from Bahrain as an Offshore bank on the 16th Ramadhan 1404H, corresponding to 21st February 1984.The Bank operations are conducted under the vigilance of the Bahrain Monetary Agency. The paid up capital of the bank is US dollars 50 million, divided into 0.5 million shares of US dollars each. The ShareholdersAlBaraka is a part of Dallah AlBaraka Group(DBG)of Saudi Arabia which was founded in 1969.DBG is one of the largest diversified business groups in Saudi Arabia. With interests in over 300 companies, across 44 countries,DBG has a work force of 60,000.The groups assets exceed US$7 billion mainly in business and finance sectors.
Address: P.O.Box 1882 Manama, Phone: 973 17535300 Fax: 973 17533993
