# Al Baraka Banking Group

> Source: https://docs.barcoder.ai/docs/wallets/albaraka-bahrain
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

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

## Overview

**Al Baraka Banking Group** is **Bahrain Bourse: BARKA** + **Bahraini Islamic banking group** + **Dallah Albaraka Group + Saleh Abdullah Kamel founding family ~67%+ controlling** + **one of world's largest Islamic banking groups by countries operations + 15+ countries Islamic banking subsidiaries** <sup>[1][1], [Bahrain report](https://docs.barcoder.ai/docs/payments/BH)</sup>.

## History

**Jun 2002 — Al Baraka Banking Group ABG founded by Saleh Abdullah Kamel Dallah Albaraka Group as Bahraini Islamic banking group** distinctive Bahraini + global Islamic banking heritage.

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

## Ownership & operator

**Operating entity**: **Al Baraka Banking Group ABG** (Bahraini Islamic banking group; Bahrain Bourse: BARKA).

**Major shareholders**: **Dallah Albaraka Group + Saleh Abdullah Kamel founding family ~67%+ controlling + Bahraini retail + institutional + foreign investors free float**.

**Regulators**: **CBB Central Bank of Bahrain + DSN Shariah Supervisory Board + national regulators across 16+ countries**.

## Technical integration

Al Baraka Mobile banking app (iOS + Android) + albaraka.com online + Al Baraka Banking Group ABG branch network across Bahrain + Turkey + Jordan + Egypt + Syria + Pakistan + Iraq + Sudan + Saudi Arabia + South Africa + Tunisia + Lebanon + Algeria + Germany + Libya + India + Al Baraka Visa + Mastercard cards; BH IBAN + Benefit BH + Islamic-compliant retail + commercial banking (no interest; profit-sharing + Murabaha + Sukuk).

## Implementations & partners

**Al Baraka Banking Group subsidiaries**: [Albaraka Türk](https://docs.barcoder.ai/docs/wallets/albaraka-turk) (Albaraka Türk; Bahrain parent; Turkish participation Islamic bank) + [Jordan Islamic Bank](https://docs.barcoder.ai/docs/wallets/jordan-islamic-bank) (Jordan Islamic Bank JIB; Al Baraka Banking Group Bahrain parent ~66% controlling).

**Major Bahraini banking + payments competitors**: [National Bank of Bahrain](https://docs.barcoder.ai/docs/wallets/nbb-bank) (National Bank of Bahrain NBB; Bahrain Bourse: NBB; Bahrain's largest commercial bank by assets) + [Ahli United Bank](https://docs.barcoder.ai/docs/wallets/ahli-united-bank-bahrain) (Ahli United Bank AUB; Bahrain Bourse: AUB; Kuwait Finance House KFH Kuwaiti parent ~96.7% controlling) + [Arab Banking Corporation (Bank ABC)](https://docs.barcoder.ai/docs/wallets/arab-banking-corporation) (Arab Banking Corporation Bank ABC; Bahrain Bourse: BANB; Bahraini international commercial banking group + 25+ countries operations) + [Ithmaar Bank](https://docs.barcoder.ai/docs/wallets/ithmaar-bank) (Ithmaar Bank; Bahrain Bourse: ITHMR; Bahraini Islamic bank) + [Bahrain Islamic Bank](https://docs.barcoder.ai/docs/wallets/bahrain-islamic-bank) (Bahrain Islamic Bank BISB; National Bank of Bahrain Islamic banking subsidiary) + [Khaleeji Commercial Bank](https://docs.barcoder.ai/docs/wallets/khaleeji-commercial-bank) (Khaleeji Commercial Bank KHCB; Bahrain Bourse: KHCB; Bahraini Islamic bank) + CrediMax (CrediMax Bahrain credit card scheme + payment processor).

**Regulators**: CBB Central Bank of Bahrain + DSN Shariah Supervisory Board + national regulators across 16+ countries.

## Status

**Active, Bahrain Bourse:BARKA + Bahraini Islamic banking group + Dallah Albaraka Group + Saleh Abdullah Kamel founding family ~67%+ controlling + one of world's largest Islamic banking groups by countries operations + 15+ countries Islamic banking subsidiaries** <sup>[1][1], [2][2]</sup>.

## Sources

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

- [1] [Al Baraka — official][1]
- [2] [Al Baraka — Wikipedia][2]
- <sup>[Bahrain report](https://docs.barcoder.ai/docs/payments/BH)</sup> In-corpus: `reports/countries/BH-bahrain.md`

## Source

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