As a leading financial institution, Al Baraka Islamic Bank has helped to build the infrastructure of the Islamic finance industry since our establishment in 1984. Our reputation for success has allowed us to promote the merits of Islamic finance with innovative and Shari’a-compliant products.
Our knowledge of Islamic Fiqh, the breadth of our team’s experience, and the financial security of our parent company, Al Baraka Banking Group, has empowered us to achieve exceptional results on behalf of large financial institutions and high net worth clients alike.
In 2010, we merged our branches in Pakistan with Emirates Global Islamic Bank Ltd., establishing Al Baraka Bank Pakistan Ltd. (ABPL). In 2016, we merged ABPL with Burj Bank Ltd., creating 74 new branches with more than 2,500 professionals in over 100 cities.
As part of our strategy to enter key regional markets, Al Baraka acquired 60% of the shares of Itqan Capital, a joint stock company registered in the Kingdom of Saudi Arabia, in 2012.
Now, we are focusing on consistent growth in business operations, with an emphasis on commissions and fee-based income. We’re expanding our investment portfolio, developing our infrastructure, and modernising our services to improve your customer experience.