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Al Baraka Bank operates on Shari’ah principles offering investments, finance, foreign exchange and a range of electronic banking products to suit your individual or business need.
Al Baraka Bank, registered in South Africa since 1989, pioneered Islamic banking in this country in response to an identified need for a system of banking that adhered to Islamic economic principles.
The bank, with its Head Office in Durban and a strategically located national branch network, is South Africa’s only fully-fledged Islamic bank and is a subsidiary of the international Al Baraka Banking Group B.S.C., which has established one of the largest international Islamic banking groups in the world.