Manama, 29 April 2015:

Al Baraka Banking Group (B.S.C.) announced today, Wednesday 29 April start the distributing US$32.8 million cash dividends to shareholders for the year 2014 financial results as approved by shareholders in the Annual General  Assembly.

Entitled shareholders to the cash dividends are according to the Register as of AGM date 23 March 2015 and equal to 3 Cent per share, while Bonus Shares amounting to US$21,88 million and equal to 2% of issued and paid-up capital has been added to shareholders accounts.

The applicable Zakah per share is 0.60 Cent and shareholders has to pay their Zakah on their own. The Shari'a Supervisory Board declared full details in the Bank's Annual Report which is available on the Bank's website www.albaraka.com

The Share Registrar Karvy Computershare has been appointed to handle the dividends distribution, where Shareholders can contact them and collect the dividends cheques from their offices:

Karvy Computershare WLL
Al-Zamil Tower,
Manama, Kingdom of Bahrain
Call Center: (+973) 17215080
Fax : (+973) 17212055
Bahrain.helpdesk@karvy.com 

(8:00am till 5:00pm  Sunday to Thursday)

You can also contact us :
Mr. Ahmed AbdulGhaffar
VP - Investors Relations
Al Baraka Banking Group B.S.C.
Tel: (+973) 17520701 / 17541122
Fax: (+973) 17910911
Website: www.albaraka.com/ir   
Email : aghaffar@albaraka.com

Al Baraka Banking Group (B.S.C) is licensed as an Islamic wholesale bank by the Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion. It is jointly rated BBB+ (long term) / A3 (short term) on the international scale and A+ (bh) (long term) / A2 (bh) (short term) on the national scale with a Stable outlook by Islamic International Rating Agency & Dagong Global Credit Rating Company Limited, and by Standard & Poor's at BB+ (long term) / B (short term). Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of Al Baraka is US$ 1.5 billion, while total equity is at about US$ 2 billion.

The Group has a wide geographical presence in the form of subsidiary banking units and representative offices in fifteen countries, which in turn provide their services through over 550 branches. Al Baraka currently has a strong presence in Turkey, Jordan, Egypt, Algeria, Tunisia, Sudan, Bahrain, Pakistan, South Africa, Lebanon, Syria, Iraq and Saudi Arabia, including two representative offices in Indonesia and Libya.

-Ends-

© Press Release 2015