# Al Baraka Bank Egypt

> Source: https://docs.barcoder.ai/docs/wallets/al-baraka-egypt
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Al Baraka EG — official](https://www.albaraka-bank.com.eg/)

## Overview

**Al Baraka Bank Egypt** is **Egyptian Islamic commercial bank** + **CASE: SAUD** + **Al Baraka Banking Group ABG BHB: BARKA Bahraini parent ~73%+ controlling + Egyptian retail + institutional + foreign investors free float** + **one of Egypt's largest Islamic commercial banks by assets** + **founded Mar 21 1980 in Cairo Egypt as Egyptian Saudi Finance Bank** <sup>[1][1], [Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup>.

## History

**Mar 21 1980 — Egyptian Saudi Finance Bank founded in Cairo Egypt as Egyptian-Saudi Islamic commercial bank**.

**2009 — Al Baraka Bank Egypt rebrand consolidating Egyptian Saudi Finance Bank into Al Baraka Banking Group ABG Bahraini parent Egyptian subsidiary**.

**2014 — Al Baraka Egypt Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Al Baraka Bank Egypt SAE** (Egyptian Islamic commercial bank; CASE: SAUD).

**Major shareholders**: **Al Baraka Banking Group ABG (BHB: BARKA; Bahraini Islamic commercial banking holding) ~73%+ controlling + Egyptian retail + institutional + foreign investors free float**.

**Regulators**: **Central Bank of Egypt CBE + Central Bank of Bahrain CBB via Al Baraka Banking Group parent**.

## Technical integration

Al Baraka Egypt Mobile app (iOS + Android) + albaraka-bank.com.eg online + Al Baraka Bank Egypt branch network across Egypt + Al Baraka Visa + Mastercard + Meeza Egyptian national card scheme (Islamic-compliant); Meeza national card scheme + Meeza QR (Egyptian national QR payment scheme) + Egyptian Pound EGP domestic transfers.

## Implementations & partners

**Parent group**: [Al Baraka Banking Group](https://docs.barcoder.ai/docs/wallets/albaraka-bahrain) (Al Baraka Banking Group ABG; BHB: BARKA; one of Middle East's largest Islamic commercial banking groups by assets).

**Major Egyptian banking + payments competitors**: [National Bank of Egypt (NBE)](https://docs.barcoder.ai/docs/wallets/nbe-egypt) (National Bank of Egypt NBE; Egypt's largest commercial bank by assets) + [CIB (Commercial International Bank Egypt)](https://docs.barcoder.ai/docs/wallets/cib-egypt) (Commercial International Bank CIB; CASE: COMI) + [Banque Misr (BM Online + onebank)](https://docs.barcoder.ai/docs/wallets/banque-misr) (Banque Misr) + [QNB AlAhli](https://docs.barcoder.ai/docs/wallets/qnb-alahli) (QNB Al Ahli Bank Egypt; QNB Qatari parent ~95%+ controlling) + [Arab African International Bank (AAIB)](https://docs.barcoder.ai/docs/wallets/aaib-egypt) (Arab African International Bank AAIB) + [Faisal Islamic Bank of Egypt](https://docs.barcoder.ai/docs/wallets/faisal-egypt) (Faisal Islamic Bank of Egypt; Egypt's first Islamic commercial bank) + [ADIB Egypt](https://docs.barcoder.ai/docs/wallets/adib-egypt) (ADIB Egypt; Abu Dhabi Islamic Bank Egyptian subsidiary).

**Regulators**: Central Bank of Egypt CBE + Central Bank of Bahrain CBB via Al Baraka Banking Group parent.

## Status

**Active, Egyptian Islamic commercial bank + CASE:SAUD + Al Baraka Banking Group ABG BHB:BARKA Bahraini parent ~73%+ controlling + Egyptian retail + institutional + foreign investors free float + one of Egypt's largest Islamic commercial banks by assets + founded Mar 21 1980 in Cairo Egypt as Egyptian Saudi Finance Bank** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.albaraka-bank.com.eg/ "Al Baraka EG — official"
[2]: https://en.wikipedia.org/wiki/Al_Baraka_Banking_Group "Al Baraka EG — via ABG — Wikipedia"
[eg-cro]: https://docs.barcoder.ai/docs/payments/EG

- [1] [Al Baraka EG — official][1]
- [2] [Al Baraka EG — via ABG — Wikipedia][2]
- <sup>[Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup> In-corpus: `reports/countries/EG-egypt.md`

## Source

Biography extracted from [al-baraka-egypt.md](https://docs.barcoder.ai/source/wallets/al-baraka-egypt). See `matrix.md` for standards-support matrix if present.