Al Baraka Group
investment business firm licensed by the Central Bank of Bahrain
Al Baraka Group B.S.C. is a Bahraini international Islamic financial group that provides retail, corporate, treasury, and investment banking services through banking subsidiaries in 13 countries. Licensed by the Central Bank of Bahrain as an Investment Business Firm – Category 1 (Islamic Principles), it is headquartered in Manama, Bahrain.
History
Al Baraka Group B.S.C. was established and registered on 27 June 2002 under a license from the Central Bank of Bahrain.
In 2006, Al Baraka launched an initial public offering, raising more than US$630 million and listing its shares on the Bahrain Bourse and Nasdaq Dubai. Trading on both markets began in September 2006. In 2017, the group issued US$400 million in Tier-1 Islamic sukuk, which was listed on the Irish Stock Exchange.
In June 2020, Abdullah Saleh Kamel was appointed chairman, succeeding his father, Saleh Abdullah Kamel.
In July 2022, the company changed its official name from Al Baraka Banking Group B.S.C. to Al Baraka Group B.S.C., after receiving regulatory approval to convert its license from Wholesale Bank (Islamic Principles) to Investment Firm Category 1 (Islamic Principles).
In November 2023, shareholders approved the delisting of the company from the Bahrain Bourse and its conversion from a public shareholding company to a closed shareholding company, subject to regulatory approvals. The shares were delisted from the Bahrain Bourse in July 2024.
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The citation trail is more important than the brevity of the summary: it shows where individual claims can be examined in context. The source revision retrieved here is dated Jun 14, 2026. The linked authority identifier is Q4033652. VIAF identifies the subject as 310616085. The Library of Congress control number is n2014053768. 2 of 4 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 2002, 2006, 2017 and 2020.
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This entry incorporates text from “Al Baraka Group” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.