Al Baraka Islamic Bank – Bahrain
Profile 2007

Al Baraka Islamic Bank – 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 authorized by Central Bank of Bahrain (CBB) as 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$1.5 billion, while the total equity amounts to about US$ 1.5 billion.  The Group has a wide geographical presence in the form of subsidiary banking Units in 12 countries, which in turn provide their services through more than 240 branches.  These banking Units are Jordan Islamic Bank/ Jordan , Al Baraka Islamic Bank – Bahrain, Al Baraka Islamic Bank / Pakistan , Banque Al Baraka D'Algerie/ Algeria, Al Baraka Bank Sudan/Sudan , Al Baraka Bank Ltd / South Africa, Al Baraka Bank Lebanon/Lebanon , Bank Et-Tamweel Al- Tunisi Al Saudi/ Tunisia , The Egyptian Saudi Finance Bank/Egypt, Al Baraka Turk Participation Bank/Turkey, Al Baraka Bank Syria (under establishment), and Representative office , Indonesia.

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 recently has fully merged with Al Amin Bank, Bahrain (Al Amin), a sister company and member of ABG. Al Amin will continue serving its unique short term assets back securities "Isdaraat Al Amin" within the merged entity. Al Amin has to date managed over US$ 4 billion in funds on behalf of leading financial institutions and high net-worth customers seeking unmatched short term investment solutions that rend long-term financial benefits.

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.