Al Baraka Bank in South Africa is a fully integrated subsidiary of Al Baraka Group, a Bahrain-based financial institution and a world leader in Islamic banking. Islamic Banking caters to the increasing demand for alternatives to conventional banking methods and financial practices. Established in South Africa since 1989. Providing communities across the country with a practical & sustainable alternative option to conventional banking models. Albaraka Bank Limited is an authorised financial services and credit provider. Albaraka Bank Limited is an Authorised Dealer in foreign exchange. Albaraka Bank Limited subscribes to the Code of Banking Practice of The Banking Association of South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services.