Foreign-owned bank
Al Baraka Bank Algeria
Overview
Banque Al Baraka d'Algérie, set up in 1991, was the country's first fully Islamic bank, operating only Sharia-compliant products. It is a joint venture of the Bahrain-based Al Baraka Group and the Algerian public bank BADR. At end-2025 its total assets were about DA 419 bn.
Cards
Latest developments
- End-2025 compilation put its total assets at about DA 419 bn. algerieinvest.dz ↗
- Press reports put Al Baraka Algérie's Islamic financing at about DA 220 bn. maghrebemergent.news ↗
Branches by wilaya
No branch address recorded yet for this institution. Addresses come from OpenStreetMap and the institution’s own website and are added every week.
Branch locations © OpenStreetMap contributors (ODbL), plus the institutions’ own websites. Spotted a closed or missing branch? Tell us.
Guides
- International Visa card and the travel allowance in Algeria (2026)
Since July 2026 the 750 € travel allowance is paid onto an international card from your Algerian bank: documents, rules and refunds.
- Send money to Algeria in 2026: start with the real number
Fees are the last number to compare. Start with the DZD received, then check Wise, Western Union, MoneyGram, Remitly, bank payout, CCP access and the official-versus-Square gap.
- How to receive freelance payments in Algeria in 2026
Upwork, Fiverr and foreign clients: what works for someone living in Algeria, what it costs, and why PayPal and crypto are out.
- Buying property in Algeria from abroad: the complete steps
Notary, power of attorney, title checks, bank payment since the 2025 finance law, and the fees on top of the price.
Banks
Sources
Facts in our own words, each with its source. EXDZ is not affiliated with these institutions. Check rates, fees and opening hours with the institution before you go.