EX Rate
  • US Dollar       Sell      7.1163      Buy      7.1519
  • Euro       Sell      7.7262      Buy      7.7648
  • UK Pound       Sell      8.9672      Buy      9.0121
  • Kuwiat Dinar       Sell      23.4411      Buy      23.5583
  • Saudi Riyal       Sell      1.8973      Buy      1.9068
  • UAE Dirham       Sell      1.9375      Buy      1.9472
  • Qater Riyal       Sell      1.9543      Buy      1.964
    
 Media Center
 

 
    
 News
 
Launching a group of Banking Services
Al Baraka Bank Sudan had announced, one of the units subsidiary to Albaraka Banking Group, a Bahrain Joint Stock Company listed on the stock exchanges of Bahrain and the Nasdaq Dubai, one of the leading international Islamic bank pioneer, announced the launch of a range of easy and convenient electronic banking services, which conform to the requirements of the era. ..More
 
Adnan Ahmed Yousif Chairman
Al Baraka Bank Sudan, one of the Banking units of Albaraka Banking Group (ABG) announced that the bank's board had chosen Mr. Adnan Ahmed Yousif, Chief Executive of Albaraka Banking Group, as a Chairman of the Board of Directors of the Bank as the successor of the deceased late Mr. Othman Ahmed Suleiman, who moved to passed away, the Board of Directors also announced that the bank has continued during the year 2011 to achieve excellent results and succeeded in achieving a good leap in net income, which grew by 16%. Total assets also increased by 24% and shareholders' equity by 10%. While the Bank has introduced more new products in the Sudanese market, as well as modernize its technology infrastructure in a comprehensive manner. ..More
 
Silver Sponsor of AF Conference
The General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries held a meeting for the session «111», as well as the General Conference of Arab Chambers in the capital Khartoum in the last week of November 2011. The conference was attended by Sheikh Saleh Abdullah Alkamil the economic expert and head of Al Baraka Banking Group's largest Islamic banking group in the world. Al Baraka Bank Sudan was the silver sponsor of the ..More
 
Transition of Port Sudan Branch
Al Baraka Bank Sudan is pleased and in the framework of a strategy to announce the update of its branches to its customers for the transition of its Port Sudan branch to its new location opposite to the Central Bank of Sudan, North-East of the municipality park, as of Sunday 4/12/2011. ..More
 
Mr. Othman Ahmed Sulieman passed away
Members of the Board of Directors of AlBaraka Bank Sudan, the General Manager, his deputy & assistants and employees are deeply saddened on the sudden passing of the late Mr. Othman Ahmed Sulieman, chairman of the Board of Directors on Friday 13/01/2012. ..More
 
Net Operating Income of ABG Jumped by 16% to US$97
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its total operating income increased by 21% and net operating income by 16% in the first quarter of 2012 compared to the same period of 2011. Similarly, statement of financial positions witnessed moderate increases. Total assets increased by 2%, total financing and investments by 5%, deposits including equity of investment accountholders by 2% and total equity by 2% as at the end of March 2012 as compared with the end of December 2011. The Group results in the first quarter of 2012 confirmed the continuous growth of the Group’s businesses constantly in accordance with successful strategies applied to overcome the successive political and social situations witnessed by some of the countries where the Group operate, as well as to overcome the repercussion of the global crisis. ..More
 
Al Baraka Bank Sudan announces its first trading s
Al Baraka Bank Sudan Announced, one of the banking units of Albaraka Banking Group (ABG) its first operation of trading Al Baraka Bank Sudan’s shares in Khartoum Stock Exchange after it was converted into a public company. Commenting on this occasion, Mr. Abdullah Khairy Hammid General Manager of Al Baraka Bank Sudan; Introducing the bank for its shares will work to enrich the activity of the market and he pointed out that after starting trading among the existing shareholders, shares will be offered for public subscription amongst the public and institutions during the next phase in order to increase the capital and expand the shareholders. He gave details about the first day of trading shares which witnessed the first deal reached between two groups of the bank reached 1000 shares, at a share price 3.5 and the two groups were of Joseph Makeen Iskander and Saleh Abdulrahman Yagoub group. ..More
 
Adnan Ahmed Yousif Wins 2012 LARIBA Award
It is announced in Dallas, State of Texas, the winning of Mr. Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group and Chairman of the Union of Arab Banks the “2012 LARIBA Award for Excellence in Achievementâ€‌ in recognition of his leadership role in consolidating and operating the largest Islamic Banking Group in the world: Al Baraka Banking Group, and continuing the pioneering work started by HE Sheikh Saleh Abdulla Kamel, Chairman of Al Baraka Banking Group. ..More
 
Adnan Ahmed Yousif Wins Wise Leadership 2012 Award
It is announced in Dubai last week the winning of Mr. Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group the Excellence Award in the Arab region for the category of "Wise Leadership in the field of Arab banking sector for 2012â€‌ granted by the Arab Administrative Development Organization- the Arab League in cooperation with the Tatweej Academy for Excellence Awards in the Arab region . ..More
 
Al Baraka Banking Group Hold its 14th Group Strate
The Bahrain based Al Baraka Banking Group has started this morning its 14th Group Strategy Meeting in Manama the capital of Kingdom of Bahrain, which is held on 21 and 22 November 2012. Member of the Board of Directors and President & Chief Executive of Al Baraka Banking Group, Mr. Adnan Ahmed Yousif has chaired the meeting which are attended by the Presidents and Chief Executive Officers and General Managers of the Group’s Units around the world. ..More
 
Net Income of Al Baraka Banking Group Grew by 11%
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C. (ABG) announced that it has achieved a net income of US$ 235 million in 2012, a noticeable increase of 11% on the income achieved in 2011. Similarly, statement of financial position items witnessed good increases. Total assets increased by 11%, total financing and investments by 21%, deposits including equity of investment account-holders by 12% and total equity be 9% at the end of December 2012 in comparison with the end of December 2011 ..More
 
Net Income of Al Baraka Banking Group Increased by
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C. (ABG) announced that its net income increased by 16% in the first half of 2013 compared to the same period of 2012 to reach US$ 140 million. Similarly, statement of financial positions witnessed moderate increases. Total assets increased by 2%, total financing and investments by 3% and deposits including equity of investment accountholders by 2% as at the end of June 2013 as compared with the end of December 2012. These figures confirmed the Group's continuation to achieve the distinguished results in accordance with successful strategies business programs applied relating to new products and services and expansion of customer base through increasing the number of branches. ..More
 
Al Baraka Banking Group and Five Subsidiary Bankin
The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. (ABG) and five of its subsidiary banking units received the "Best Islamic Financial Institution" Award of 2013, as part of the annual awards that the Global Finance magazine, which is specialized in banking and finance, awards to international banks and financial institutions. Al Baraka Banking Group received the “Best Islamic Financial Institution in Middle East / Africa” Award, Al Baraka Bank Lebanon received the “Best Islamic Financial Institution in Lebanon” Award, Jordan Islamic Bank received the “Best Islamic Financial Institution in Jordan” Award as well as ”Best Islamic Retail Bank in Jordan” Award, Al Baraka Bank Limited received the “Best Islamic Financial Institution in South Africa” Award, Al Baraka Islamic Bank Bahrain received the “Best Islamic Financial Institution in Bahrain” Award and Banque Al Baraka D'Algerie received the “Best Islamic Financial Institution in Algeria” Award. ..More
 
Net Income of Al Baraka Banking Group rose by 8% t
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it has achieved a net income of US$ 197 million in the first nine months of 2013, an increase of 8% on the net income achieved in the first nine months of 2012. Similarly, statement of financial positions witnessed moderate increases. Total assets increased by 4%, investments and financing portfolio by 5% and customer accounts by 2% as at the end of September 2013 as compared with the end of December 2012 ..More
 
Evening shifts
Al Baraka Bank Sudan has announced to its customers the beginning of the working in the evening shifts after the ordinary working hours ..More
 
Net Income of Al Baraka Banking Group Grew by 10%
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C. (ABG) announced that it has achieved a net income of US$ 258 million in 2013, a noticeable increase of 10% over the income achieved in 2012. Similarly, the net income for the fourth quarter of 2013 increased by 17% to reach US$ 61 Million. The balance sheet items witnessed good increases also. Total assets increased by 10%, total finance and investments by 7% and customer accounts by 8% at the end of December 2013 in comparison with the end of December 2012. The Group's results in year 2013 emphasize the integrity and sustainability of the business strategies of the Group, which are based on the continued improvement of the quality of earning assets, diversification of income resources, expansion in branch network and geographical presence, besides strengthening and diversification of products and services associated with the development and communities and businesses and updating financial, technical and human resources, all of which contributes to the achievement of outstanding results for the Group. ..More
 
Three of ABG's units win Islamic Finance News Awar
The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. (ABG) announced that three of its units won Islamic Finance News Awards 2013 as the Best Islamic Banks in the region through the annual comprehensive referendum conducted by the Foundation of Islamic Finance News. Al Baraka Islamic Bank won the award as the Best Islamic Bank in Bahrain, Al Baraka Bank Lebanon won the award as the Best Islamic Bank in Lebanon and Al Baraka Bank Sudan won the award as the Best Islamic Bank in Sudan. ..More
 
Al Baraka Banking Group Records Net Profit of US$
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced a net profit of US$ 67 million for the first quarter of 2014, reporting an increase of 1% over the net profit of the same period of last year. While total assets increased by 1%, total financing and investments by 2% and customer accounts by 1% at the end of March 2014 compared to the end December 2013. These results reflect the Group’s ability to continue investing in lucrative opportunities arising from the current situation. At the same time, it also reflects the Group’s continued efforts to forge ahead with its strategic plans for growth, by enhancing its technical and capital capabilities and expanding its geographic network, despite the current fluctuations in the international and regional economies and the financial markets. ..More
 
Al Baraka Banking Group Raises its Profit to US$ 1
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced a net profit of US$ 143 million for the first half of 2014. While balance sheet items increased moderately: total assets increased by 5%, total financing and investments by 5%, customer accounts by 5% and total equity by 3% at the end of June 2014 compared to the end of December 2013. These figures confirmed the Group's continuation to achieve the distinguished results in accordance with successful strategies business programs applied relating to new products and services and expansion of customer base through increasing the number of branches. ..More
 
Net Income of Al Baraka Banking Group rose by 5% t
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it has achieved a net income of US$ 207 million in the first nine months of 2014, an increase of 5% on the net income achieved in the first nine months of 2013. Similarly, statement of financial positions witnessed good increases. Total assets increased by 8%, investments and financing portfolio by 7%, customer accounts by 8% and total equity by 2% as at the end of September 2014 as compared with the end of December 2013. These results affirm the Group’s ability to accommodate the financial and economic fluctuations regionally and internationally and to achieve the growth in profitability in businesses. ..More
 
Lebanese Jinan University Awarded an Honorary Doct
In recognition of his long service of Islamic economics and the dissemination of Islamic banking culture, Jinan University of Lebanon (JUL) awarded honorary doctorate to Mr. Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group and former Chairman of the Union of Arab Banks. ..More
 

    About Albaraka
Al Baraka Bank Sudan was established on 26/02/1984 and was officially inaugurated on 14/03/1984. The Head office is located at AlBaraka Tower Qasr Avenue, Khartoum-Sudan. The Bank is registered in the ..More
 
      Murabaha           
Murabahah,more accurately transliterated as (Murābahah) is a particular kind of sale, compliant with Shari'a, where the seller expressively mentions the cost he has incurred on the commodities for sal ..More
 
    Current Accounts
Demand accounts or non profit/loss bearing bank account which allows the accountholder to write checks against the funds in the account. Current accounts do not share in profits or incur losses. The b ..More

Copyrights © 2013 All Rights Reserved, Al Baraka Bank Sudan   Disclaimer   |  Privacy Policy