Our Story

Al Baraka Sudanese Bank was established on 02/26/1984 and was inaugurated on 03/14/1984, Headquarters Main Tower Al-Baraka - Al-Qasr Street, Khartoum - Sudan. It is registered with a registrar General Companies in Sudan, No. Sh/2732 and licensed by the Bank of Sudan Central to carry out all banking and investment business in accordance with the provisions of Sharia Islamic. The bank is registered with the Capital Markets Authority (as a public shareholding company) and is listed on the Khartoum Stock Exchange.

Al Baraka Sudanese Bank was established on 02/26/1984 and was inaugurated on 03/14/1984, Headquarters Main Tower Al-Baraka - Al-Qasr Street, Khartoum - Sudan. It is registered with a registrar General Companies in Sudan, No. Sh/2732 and licensed by the Bank of Sudan Central to carry out all banking and investment business in accordance with the provisions of Sharia Islamic. The bank is registered with the Capital Markets Authority (as a public shareholding company) and is listed on the Khartoum Stock Exchange. The bank's certified capital is 5.7 billion Sudanese pounds (five billion seven hundred million Pounds) of which 3.32 billion Sudanese pounds were paid (three billion, three hundred and thirty-two million Sudanese pounds), and Al Baraka Group contributes to it. by 75.73% and Sudanese and Arab shareholders by 24.27%. Al Baraka Sudanese Bank is a member of Al Baraka Group, a joint stock company Bahraini (investment company) of the first category operating (according to the provisions of Sharia Islamic). It is licensed by the Central Bank of Bahrain and listed on Bahrain Stock Exchange. Al Baraka Sudanese Bank, since its inception, has been a pioneer in the field of development Financial and Islamic banking work in Sudan, a pioneer in banking services Electronic and change engineering. The first to enter the signature system Electronic and magnetic checks and linking bank branches with each other, is the first Who worked with the comprehensive exchange system in Sudan. Al Baraka Bank spreads geographically to cover Many cities of Sudan through 30 branches, of which three branches were established for Meeting the requirements of specific segments of society, such as the artisan branch; in order to meet Requirements for craftsmen, expatriate branch; In order to meet the needs of the Sudanese workers abroad and Zahraa branch; It is the first branch for women in Sudan. With the distinguished distribution of its branches inside Sudan, in addition to effective management For central operations at the main center in order to give the branches the opportunity to devote themselves customer services and respond to their aspirations.
Al Baraka Islamic Bank (AIB) is a retail Islamic bank, licensed by the Central Bank of Bahrain and registered with Bahrain’s Ministry of Industry, Commerce, and Tourism, under Commercial Registration No. 14400. We have an authorised capital of 600 million USD, and an issued and paid-up capital of 122.5 million USD.

AIB is a banking unit of Al Baraka Group (ABG), a joint stock company listed on the Bahrain stock exchange. Al Baraka Group B.S.C ("ABG" / the “Group”) is licensed as an Investment Business Firm – Category 1 (Islamic Principles) by the Central Bank of Bahrain. It is a leading international Islamic financial group providing financial services through its banking subsidiaries in 16 countries offering retail, corporate, treasury and investment banking services, strictly in accordance with the principles of Islamic Shari'a.

The Group has a wide geographical presence with operations in Jordan, Egypt, Tunisia, Bahrain, Sudan, Turkey, South Africa, Algeria, Pakistan, Lebanon, Saudi Arabia, Syria, Morocco and Germany, in addition to two branches in Iraq and a representative office in Libya and provides its services in more than 600 branches. ABG’s network serves a population totaling around one billion customers.

The authorized capital of ABG is US$ 2.5 billion
Vision:

To be a global leader in innovative participation finance, offering an agile ethical financial system built for the digital age.

Mission:

To fulfill the financial needs of communities across the globe by conducting business through an ethical customer-centric approach tailored for the digital age, based on our core beliefs and aimed at sharing the mutual rewards with our partners in business success: our customers, our employees, our shareholders, and our communities at large.

Values:

Partnership:

Our shared beliefs create strong bonds that form the basis of long-term relationships with customers and staff.

Agility:

We are fleet-footed to adapt to the Digital Age to meet the fast changing customer behavior and needs in a dynamic and challenging environment.

Neighbourly:

We value and respect the communities we serve. Our doors are always open; our customers always experience a warm hearted, hospitable welcome and accommodating service.

Innovation:

We recognize that an ‘INNOVATION FIRST’ culture is necessary to be able to serve our customers on a ‘here and now’ basis in a fast changing world.

Trust:

Our customers can experience peace of mind and rest assured that their financial interests are being managed by us to the highest ethical standards of participation finance.

Development:

By banking with our banking subsidiaries, our customers make a positive contribution to a better society - their growth and ours will sustain the greater good of society.