Al Baraka Islamic Bank B.S.C. (c) - Bahrain (AIB - Bahrain) established 1984 in Bahrain and up the years has pioneered the development of Islamic banking and finance. The Bank is registered with the Bahrain Ministry of Industry &, Commerce CR no. 14400 and is licensed by Central Bank of Bahrain (CBB) as an Islamic Retail Bank, with an authorized capital of US$ 600 Million, of which US$ 122 Million has been issued and fully paid.
AIB - Bahrain is one of the Banking Units of Al Baraka Banking Group's (ABG). ABG is a Bahraini Joint Stock Company listed on Bahrain and Dubai stock exchanges and one of the well-known leading international Islamic banks. It has been rated by Standard & Poor's as BBB- with a short-term rating of A-3. ABG offers retail, corporate and investment banking and treasury services strictly in accordance with the principles of the Sharia'a. The authorized capital of ABG is US$1.5 billion, while the total equity amounts to about US$ 1.8 billion. The Group has a wide geographical presence in the form of subsidiary banking Units in 14 countries, which in turn provide their services through more than 400 branches. These banking Units are Jordan Islamic Bank/ Jordan, Al Baraka Islamic Bank - Bahrain, Al Baraka Bank Limited/ Pakistan, Banque Al Baraka D'Algerie/ Algeria, Al Baraka Bank Sudan/ Sudan, Al Baraka Bank Ltd/ South Africa, Al Baraka Bank Lebanon/ Lebanon, Al Baraka Bank Tunisia/ Tunisia, Al Baraka Bank Egypt/ Egypt, Al Baraka Turk Participation Bank/ Turkey, Al Baraka Bank Syria/ Syria, and Representative office in Indonesia & Libya.
AIB - Bahrain with a longstanding track record of delivering excellence, innovation and superior results, the Bank ranks among the leading providers of Islamic investment banking products and services to a growing global clientele, focused exclusively on the development and delivery of unique investment solutions of Sharia'a compliant. Thanks to its ability to consistently deliver innovative, yet simple investment strategies grounded in the breadth and depth of its experience and resources, including a senior management team with a collective background in numerous areas of Islamic banking. The Bank had fully merged with Al Amin Bank, Bahrain (Al Amin), a sister company and member of ABG.
AIB - Bahrain supported by the long tradition of strength and robust financial position of its parent company ABG, count on quality of investments, strength of performance and a sound financial position, the Bank have enjoyed a commendable market reputation as the leading short-term liquidity manager for institutional investors. The resources and capabilities available to the Bank guarantees its success in executing its firm strategies.
Vision
'We believe society needs a fair and equitable financial system: one which rewards effort and contributes to the development of the community'
Mission
'To meet the financial needs of communities across the world by conducting business ethically in accordance with our beliefs, practicing the highest professional standards and sharing the mutual benefits with the customers, staff and shareholders who participate in our business success'
+973 13 300 400
P.O. Box: 1882 Diplomatic Area Manama Bahrain