Since its creation, ALIF had access to the long-term resources of Dallah Albaraka Group and therefore participated in several financing projects transactions with a global amount exceeding 850 million US Dollars. The today outstanding amount of projects to be financed is equivalent to 300 million Dollars.

ALIF Jeddah is represented in Paris by its subsidiary, ABG Capital, a company specialized in financial engineering, and in Tunis by its back office company, International Leasing Service (ILS), and finally in London, by its other subsidiary, Alif Trading Company (ATCo).

Through a 50-50% association between, on the one hand, Dallah Albaraka Group and on the other hand, the Banque Extérieure d’Algérie (BEA), Algerian Saudi Leasing (ASL) Holding was created in 1990 and domiciliated in Luxembourg. This company has a direct operational presence in Algeria.

Banque Extérieure d’Algérie (BEA) is a National Algerian bank created in 1967. Its capital equals today 24.5 billion Algerian Dinars and is wholly owned by the Algerian State.

BEA’s network includes more than a hundred branches located all over the Algerian geographical territory.It targets to collaborate with institutional clients having different sizes: big, medium, small and also individual companies. BEA’s main clients are usually involved in the Algerian strategic economic, industrial sectors and more particularly in the hydrocarbon sector.

A financial leasing transaction is analyzed as a leasing agreement under the terms of which a lessor (leasing company) authorizes the lessee to use an asset that the lessor should have acquired at the request of the lessee and on the basis of technical specifications and also of an agreed price between the supplier and the buyer (the lessee). The financial lease is carried out against payment of an agreed sum (rent) according to a repayment schedule. At the end of the period, the lessor may offer to the lessee, a unilateral option to purchase the asset for an already known fixed price (residual value).