Our Story

About alBaraka Bank

Our Story

  • Al Baraka Bank is one of the pioneers of Islamic banking in Egypt, offering a wide range of services and financial products to all its clients. The bank was awarded by Global Business Outlook Magazine “GBO” the Fastest Growing Islamic Bank in 2022, as well as being listed in Forbes' list of Egypt’s Top 50 Companies in 2022 & 2023.
  • Al Baraka Bank has been operating in Egypt for almost 40 years; and it currently has a network of 35 branches covering Cairo, Alexandria, and Delta, the Bank aims to have a geographical expansion by increasing the number of branches in most governorates of the Republic by the end of 2025.
  • The bank offers retail, corporate, treasury, and investment banking services that are applied in accordance with the principles of the Islamic “Sharia”, as well as all the bank’s operations and its transactions are audited by an independent “Sharia” supervisory Board. The Bank provides direct financing to companies and institutions that enjoy high creditworthiness and participates in the syndicated loans of economically feasible large projects that provide large employment opportunities
  • Al Baraka Bank Egypt is developing a new 3-year strategy plan that aspires to strengthen its activity in the Egyptian banking market. The Bank has begun to implement a comprehensive restructuring plan that includes the development of the infrastructure, engineering, and technology to keep pace with the latest banking systems and strengthen the portfolio of services and products to keep pace with technological and digital development transformation
  • Al Baraka Bank Egypt is one of the banking subsidiaries of Al Baraka Group that takes Bahrain as its headquarters. The Group has a wide geographical presence in the form of subsidiary banking units and representative offices in 3 continents (14 countries), which in turn provide their services in more than over 600 branches. The headquarters of the group is located in Bahrain. Al Baraka Group has operations in Jordan, Egypt, Tunis, Bahrain, Sudan, Turkey, South Africa, Algeria, Pakistan, Lebanon, Syria, and Germany, in addition to two branches in Iraq and a representative office in Libya.