Al Baraka Bank Sudan


Al Baraka Bank Sudan was established on 26/02/1984 and was officially inaugurated on 14/03/1984. The Head office is located at Al Baraka Tower Qasr Avenue, Khartoum-Sudan. The Bank is registered in the Sudanese General Registrar of Companies under the No. sh/2732 and licensed by the Central Bank of Sudanto exercise banking and investment business according to the provisions of Islamic Shari'a.

The bank’s authorized capital is 500 million SDG ( Five Hundred Million SDG) with USD 42.6 million (USD Forty-Two million six hundred thousand) issued and fully paid. Al Baraka Banking Group contributes 75.7% to the capital while other Sudanese shareholders contribute 24.3%.

Al Baraka Bank Sudan is a unit affiliated to Al Baraka Banking Group is a Bahrain Joint Stock Company licensed as an Islamic wholesale bank by Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion and is rated by Standard & Poor's at BBB+ (long term) / B (short term). Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of Al Baraka is US$ 1.5 billion, while total equity is at about US$ 2 billion.

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