(c) ("ABG" / the “Group”) is licensed as an Investment Business Firm – Category 1 (Islamic Principles) by the Central Bank of Bahrain.

The Group has a wide geographical presence with operations in Jordan, Egypt, Tunisia, Bahrain, Sudan, Turkey, South Africa, Algeria, Pakistan, Lebanon and Syria, in addition to two branches in Iraq and a representative office in Libya and provides its services in more than 600 branches.

[2] In 2017, Al Baraka Group and Flat6labs entered into a Memorandum of Understanding to collaborate on various activities aimed at fostering the startup and entrepreneurship ecosystem.

Key provisions of the MoU include knowledge exchange, with ABG offering expertise in Islamic banking to benefit LFB.

The agreement also focuses on enhancing cooperation in correspondent banking, commercial finance operations, liquidity management, investments, information sharing, and idea exchange.