Bahrain · Financial institution
Al Baraka Group B.S.C (Closed)
Legal name in the LEI recordAL BARAKA GROUP B.S.C
Al Baraka Group B.S.C. (Closed) is a closed joint-stock company registered in Bahrain and headquartered at Bahrain Bay, Manama. Dallah Albaraka Holding Company B.S.C holds 63.15% of its shares. The Central Bank of Bahrain licenses it as an Investment Business Firm – Category 1 (Islamic Principles). Its Islamic banking subsidiaries operate in 13 countries. It was established in June 2002 and renamed from Al Baraka Banking Group B.S.C. in July 2022. Its shares were delisted from the Bahrain Bourse and Nasdaq Dubai in 2024.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- ABBGBHBMXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under ABBGBHBM directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2008-05-31
- Last updated
- 2024-07-03
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Privately held
63.15% Dallah Albaraka Holding Company B.S.C
Institution type
Other
Trades as Al Baraka Group (ABG)
- Standing
- The entity was renamed from Al Baraka Banking Group B.S.C. in July 2022. The rename followed the Central Bank of Bahrain's conversion of its wholesale bank licence to an Investment Business Firm – Category 1 (Islamic Principles) licence. Its shares were delisted from the Bahrain Bourse in July 2024, and it became a closed joint-stock company.
- Ownership
- Dallah Albaraka Holding Company B.S.C holds 63.15%, Altawfeek Company For Investment Funds holds 19.32% and Abdullah A.Aziz AlRajhi holds 7.03%.
- Direct parent
- Dallah Albaraka Holding Company B.S.C, Bahrain 63.15%
- Major shareholders
- Altawfeek Company For Investment Funds 19.32% · 31 Dec 2025
Abdullah A.Aziz AlRajhi 7.03% · 31 Dec 2025 - Head office
- Al Baraka Headquarters, Building 370, Road 4611, Block 346, Bahrain Bay, Manama, Bahrain
- Company register
- CR 48915-1, Ministry of Industry & Commerce, Kingdom of Bahrain
- Former name
- Al Baraka Banking Group B.S.C.
Business lines
The entity is an investment firm and group holding company. Its subsidiary banks provide retail, corporate, treasury and investment banking under Islamic principles.
Online
- Websites & references
- albaraka.com ↗
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · Instagram ↗ · YouTube ↗
Sources · 9 pages consulted
- albaraka.com/en
- albaraka.com/en/about-al-baraka/leadership/leadership
- albaraka.com/getattachment/1305b976-1f49-4dfb-8e00-7bccc3cde1cb/Al-Baraka-CG-English-Report-2025-(1).p
- albaraka.com/getattachment/37e4e6cb-64a3-4ec2-9bfa-1c752585f320/AML-Questionnaire-Aug-2025.pdf?lang=en
- albaraka.com/en/media-center/news/al-baraka-group%E2%80%99s-net-income-rises-to-us$204-million-in-the-
- albaraka.com/en/media-center/news
- albaraka.com/en/media-center/contact-details
- albaraka.com/en/media-center/news/the-board-of-directors-of-al-baraka-banking-group-appoints-houssem-b
- en.wikipedia.org/wiki/Al_Baraka_Group
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Houssem Ben Haj Amor
Member & Group Chief Executive Officer
- Chair
-
Shaikh Abdullah Saleh Kamel
Chairman
- Executive
-
Mohamed Ebrahim Alshroogi
Vice Chairman
- Executive
-
Abdul Malek Mezher
Board Secretary
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Bahrain
- Central Bank of Bahrain Prudential supervisorCentral bankAML supervisorConduct
Recent events
Researched 29 Sep 2026 · Sources
-
Other
With the Central Bank of Bahrain's approval, the Bahrain Bourse delisted the company's shares.
albaraka.com ↗ -
Other
Shareholders at an extraordinary general meeting approved the delisting and conversion to a closed shareholding company.
en.wikipedia.org ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- ABBGBHBMXXX
- How the BIC breaks down
- ABBGBank
- BHCountry · Bahrain
- BMLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300Q3SVMKOB8NBS80
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Bahrain · Middle East & North Africa
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Al Baraka Group B.S.C group has 7 institutions in the directory, in 6 countries: all hold a BIC.
Including Albaraka Bank Egypt, Jordan Islamic Bank, Al Baraka Islamic Bank B.S.C - Closed, Al Baraka Bank Tunisia, Al Baraka Turk Katilim Bankasi A.S..
See the Al Baraka Group B.S.C group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- ABG TOWER, BLOCK 346 BUILDING 370 FLOOR 7 ROAD 4611 MANAMA SEA FRONT (BAHRAIN BAY) MANAMA 1882 BAHRAIN
- Operational address
- AL BARAKA HEADQUARTERS, ABG TOWER BLOCK 346 FLOOR 7 370 ROAD 4611 MANAMA SEA FRONT (BAHRAIN BAY) MANAMA 1882 MANAMA BAHRAIN
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>ABBGBHBMXXX</BICFI>
<LEI>549300Q3SVMKOB8NBS80</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>ABBGBHBMXXX</BICFI>
<LEI>549300Q3SVMKOB8NBS80</LEI>
<Nm>AL BARAKA GROUP B.S.C (CLOSED)</Nm>
<PstlAdr>
<TwnNm>MANAMA</TwnNm>
<Ctry>BH</Ctry>
<AdrLine>ABG TOWER, BLOCK 346 BUILDING 370 FLOOR 7 ROAD 4611 MANAMA SEA FRONT</AdrLine>
<AdrLine>(BAHRAIN BAY) MANAMA 1882</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: albaraka.com (official website); Houssem Ben Haj Amor: albaraka.com (official website) · original; Shaikh Abdullah Saleh Kamel: albaraka.com (official website) · original; Mohamed Ebrahim Alshroogi: albaraka.com (official website) · original; Abdul Malek Mezher: albaraka.com (official website) · original.
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