alBaraka Bank Egypt has approved paying cash dividends of EGP 0.850 per share to shareholders for 2024 as of April 16th.

Al Baraka Capital, a subsidiary of Al Baraka Bank Egypt, plans to launch three new funds during the second half (H2) of 2025

Al Baraka Bank Egypt logged consolidated net profits attributable to the equity holders valued at EGP 3 billion in 2024, an annual leap from EGP 2.217 billion.

Al Baraka Group held its first Annual Group Compliance Meeting (AGCM) at its headquarters in Bahrain, with the participation of all its subsidiaries, on December 2nd and 3rd.

Al Baraka Bank Egypt participated as a Platinum Sponsor in the fifth edition of the Arab Sustainable Development Week.

Al Baraka Bank Egypt has introduced its new mobile banking application as part of its 2023–2025 strategic plan.

Al Baraka Bank Egypt (SAUD) recorded a consolidated net profit attributable to the bank of EGP 2.219 billion in the first nine months of 2024, rising by 38.34% from EGP 1.604 billion in the year-ago period.

Al Baraka Bank Egypt has been awarded "Best Sharia Investment Banking Services Egypt 2024" from the Global Business & Finance Magazine.

Al Baraka Bank Egypt (SAUD) reported a 30.57% year-on-year (YoY) increase in consolidated profits excluding minority interest during the first half (H1) of 2024, recording EGP 1.331 billion, compared to EGP 1.019 million, according to financial statements filed to the Egyptian Exchange (EGX) on August 13th.

Al Baraka Bank Egypt has signed an agreement with Raya IT, a subsidiary of Raya Holding for Financial Investments, to provide the latter a general credit limit of up to EGP 550 million as well as a return.

Al Baraka Bank Egypt recorded a 24.2% year-on-year (YoY) jump in its consolidated net profits attributable to the bank for the first quarter (Q1) of 2024, logging EGP 553.295 million, versus EGP 445.661 million.

Al Baraka Bank Egypt is planning to garner EGP 3 billion in net profits by the end of the current year.

Al Baraka Bank Egypt logged a 26.81% year-on-year (YoY) jump in its consolidated net profits after tax and non-controlling interests during 2023, hitting EGP 2.217 billion, compared to EGP 1.749 billion in 2022.

Al Baraka Bank has joined forces with Mastercard, a global leader in digital payments, to bring cutting-edge banking services to Egypt, as per an emailed press release to Arab Finance on February 12th.

Al Baraka Bank received the fastest-growing Islamic bank award for 2023 during the 11th Annual International Finance Awards, as per an emailed press release.

Al Baraka Bank Egypt has signed a $50 million Murabaha finance agreement with the International Finance Corporation (IFC),

The bank is engaged in the provision of retail, corporate, and investment banking solutions, following the Islamic sharia principles, through a network of 32 branches located across Egypt.

Al Baraka Bank Egypt (SAUD) has secured $30 million in financing from the Islamic Corporation for the Development of the Private Sector (ICD), affiliated with the Islamic Development Bank (IsDB).

Al Baraka Bank Egypt (SAUD) reported a 77.66% year-on-year (YoY) increase in consolidated profits excluding minority interest during the first half (H1) of 2023.

Established in 1980, Al Baraka Bank offers retail, corporate, treasury, and investment banking services that are applied in accordance with the principles of the Islamic Sharia. It contributes to the finance of small and medium enterprises (SMEs).