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“DALLAH MAINTENANCE AND WORK”, a company founded in 1969, became in four decades only an international conglomerate including more than 300 companies, employing 60,000 people throughout the world and having a global asset base exceeding 7 billion US Dollars. The participation level of the Dallah Albaraka Group in its financial divisions is evaluated to 907 million US Dollars in 1998..
His Excellence SHEIKH SALAH ABDULLAH KAMEL who founded the Group has always been considered as one of the most famous pioneers in Islamic financial activities. Indeed he was one of the first to promote the creation and the development of Islamic financial solutions adapted to the world markets.
The DALLAH ALBARAKA group includes since 1995 three major divisions:
Commercial, industrial and real estate
Media and communication
Finance (division to which ALIF belongs)
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Dallah Albaraka Group participations
spread per geographical zone |
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Dallah Albaraka Group
Activities in the Finance Division |
The Finance division comprises three major activities:
Insurance and reinsurance
Banking and leasing
Investment opportunities
The participation level of the Albaraka Group in the financial divisions is evaluated in 1998 to 907 million US Dollars.
These activities have been restructured within a holding, Albaraka Banking Group, approved by the financial authorities of the Emirate of Bahrain. With a capital of 590 million US Dollars, this holding gathers 14 banking institutions and is represented in 10 countries.
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