Banque AlBaraka D'Algerie was incorporated in May 1991 as an Islamic Bank and operates under a commercial banking licence issued by the Bank of Algeria. The main activities of the bank are retail and commercial banking. The Bank operates 20 branches and 6 under establishment.
Banque Albaraka D'Algerie is the only commercial bank in Algeria operating according to the principles of the Shari'a. The bank's growth since its inception in 1991 has traced that of the Algerian economy itself over that time.
The bank's success is a result of its focus on a variety of growth sectors, participating for example in the financing of the food Industry, construction, and health sector.
Mr. Mohammed Seddik Hafid Board Member & General Manager Hai Bouteldja Houidef, Villa No.1 Rocade Sud, Ben Aknoun, Algiers, Algeria Tel: +21321916 450 to 56 Fax: +21321 916 458/57 / +21321 91 27 63 www.albaraka-bank.com
