Al-Tawfeek is a subsidiary of Al Baraka Investment and Development Company (ABID),A member of Dallah Albaraka Group. Based in Jeddah, the Group is an industrial, commercial, banking and financial conglomerate founded in 1969 (1389H) by Sheikh Saleh Abdullah Kamel.

The Group, which totals over 305 Companies 260 companies Out of Saudi Arabia, operates in more than 40 countries with total assets of over US$9 billion. The financial strength and capability of Al-Tawfeek is ensured by the full endorsement of the parent Dallah Albaraka Group.

The significant aspect of our corporate image is our heritage. In everything we do - from investment policy and product development, to operational standards - we are guided by the Sharia and as the Mudharib (Fund Manager), we share profits equitably with investors.