Al Baraka Bank, registered in South Africa since 1989, pioneered Islamic banking in this country in response to an identified need for a system of banking which adhered to Islamic economic principles. The bank, with its Head Office in Durban and a strategically located national branch network, is South Africa’s only fully-fledged Islamic bank and is a subsidiary of the international Al Baraka Banking Group B.S.C., which has established one of the largest international Islamic banking groups in the world.
The Group’s banking units include:
Banque AI Baraka D’Algerie, Algeria;
Al Baraka Islamic Bank, Bahrain;
Egyptian Saudi Finance Bank, Egypt;
Jordan Islamic Bank, Jordan;
AI Baraka Bank Lebanon, Lebanon;
AI Baraka Islamic Bank Pakistan, Pakistan;
Al Baraka Bank South Africa, South Africa;
Al Baraka Bank Sudan, Sudan;
Al Baraka Bank Tunisia, Tunisia;
Al Baraka Turk Participation Bank, Turkey;
Al Baraka Bank Syria (under formation), Syria;
as well as having Al Baraka Banking Group representative offices in Indonesia and Libya.
The South African subsidiary’s Al Baraka Banking Group linkage provides it with the springboard for significant growth potential and assists in the positioning of Al Baraka Bank at the leading edge of Islamic banking in this country. Al Baraka Bank operates in an important and rapidly growing niche market.
Company Details
- Employees
- 174
- Address
- 2 Kingsmead Boulevard, Kingsmead Office Park,south Africa
- Industry
- Banking
- NAICS
-
Commercial Banking
- Website
- albaraka.co.za
- Keywords
- Investments, Property Finance, International Banking, Forex, Electronic Banking, Vehicle Finance.
- HQ
- Durban, KwaZulu-Natal
Al Baraka Bank South Africa Questions
Al Baraka Bank South Africa's website is albaraka.co.za
Al Baraka Bank South Africa's LinkedIn profile is https://za.linkedin.com/company/albarakasa
Al Baraka Bank South Africa has
174 employees.
View email and phone details for 174
employees at Al Baraka Bank South Africa.
Al Baraka Bank South Africa's industry is
Banking
Al Baraka Bank South Africa's top competitors are
Al Baraka Bank Egypt,
The Woodford Group,
Al Baraka Group (Abg),
Abu Dhabi Islamic Bank - Egypt,
Albaraka Islamic Bank,
Banque Misr,
Albaraka Türk Katılım Bankası A.ş,
Al Baraka Bank Pakistan Ltd.,
Banque Du Caire,
Al Baraka Islamic Bank - Bahrain.
Al Baraka Bank South Africa's categories are Banking
