Our Story
- Al Baraka Sudanese Bank was established on 02/26/1984 and was inaugurated on 03/14/1984. Its headquarters is in Al Baraka Tower, Al Qasr Street, Khartoum, Sudan. It is registered with the General Registrar of Companies in Sudan (No. /2732), and is licensed by the Central Bank of Sudan to carry out all banking and investment activities in accordance with the provisions of Islamic Sharia.
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 is a member of Al Baraka Group, which is a Bahraini joint stock company (an investment company) of the first category, operating in accordance with the provisions of Islamic Sharia.
Al Baraka is licensed by the Central Bank of Bahrain and listed on the Bahrain Bourse.
Since inception, al Baraka Bank of Sudan has been assuming a lead position in the field of developing financial and Islamic banking work in Sudan. It is a pioneer in banking and electronic services and engineering change.
It was the first to introduce the system of electronic signatures and magnetic checks and linking the bank’s branches with each other. It was the first to introduce the Universal Teller system in Sudan. Al Baraka Bank spreads geographically to cover many cities in Sudan through 30 branches, of which three branches were established in order to meet the requirements of specific segments of society, such as the craftsman branch (to meet the requirements of craftsmen), the expatriate branch (requirements of the Sudanese working abroad) and the Zahraa branch (the first branch for women in Sudan). With the distinguished distribution of its branches inside Sudan, in addition to effective management of central operations in the main HQ, in order to provide the opportunity for the branches to devote themselves to customer services and responding to their aspirations.
Al Baraka Sudanese Bank also won four awards in a row as the best Islamic bank in Sudan for the years 2013, 2014, 2015 and 2016, according to the Islamic Finance News magazine.
And because we believe that the customer is our partner in achievement, we provide our customers with more opportunities for growth and our slogan is partners in achievement. Al Baraka Group B.S.C. Licensed as an Investment Company - Class 1 (Compliant to Islamic Principles) by the Central Bank of Bahrain and listed on the Bahrain Bourse. Al Baraka Group is one of the pioneers of Islamic financial and investment businesses worldwide, as it provides distinguished financial and banking services to individuals, companies, treasury and investments in accordance with the principles of Islamic Sharia, through its banking units in 15 countries, to about one billion people.
The group has a wide geographical spread through subsidiary banking units and representative offices that provide services through more than 600 branches. The group currently has a presence in Jordan, Egypt, Tunisia, Bahrain, Sudan, Türkiye, South Africa, Algeria, Pakistan, Lebanon, Syria, Morocco and Germany; in addition to two branches in Iraq and a representative office in Libya.
Our vision:
To be a global leader in innovative participatory finance, providing an ethical and agile financial system designed for the digital age.
Our mission
Meeting the financial needs of societies around the world through business administration according to an ethical approach to customers and designed for the digital era, based on our basic beliefs and with the aim of sharing mutual rewards with our partners in success: our customers, our employees, our shareholders and our societies in general.
Our Core Values
Partnership : Our shared concepts create strong bonds that build long-term relationships with customers and employees.
Flexibility : We are adapting to the digital age and adapting to rapidly changing customer behavior to meet their needs in a dynamic and challenging environment.