Al Baraka عربي

Introduction

Al Baraka Banking Group B.S.C. ("ABG") is licensed as an Islamic wholesale bank by the Central Bank of Bahrain and is listed on Bahrain Bourse. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion.


On March 8, 2022, S&P Global Ratings lowered its long-term issuer credit rating on Al Baraka Banking Group B.S.C. (ABG) to 'B+' from 'BB-'. The outlook is negative. At the same time, S&P Global Ratings affirmed its 'B' short-term issuer credit rating on ABG.

The Islamic International Rating Agency (IIRA) has rated ABG as BBB+ / A3 on the International scale and A+ (bh) / A2 (bh) in the National scale, with a fiduciary score of 81-85.
(10 September 2020).

ABG and its Units offer retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of ABG is US$ 2.5 billion. You can visit the subsidiary country in the Global Network section for more please click here.

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