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alBaraka Bank Egypt S.A.E., commonly known as Al Baraka Bank Egypt or alBaraka Egypt, is a prominent financial services institution with its headquarters in Egypt. Established in 1980 as Al Baraka Islamic International Bank and later renamed in 2005, it operates as a pioneer and one of the largest Islamic banks within the country's financial intermediation services sector.
The bank offers a comprehensive suite of Sharia-compliant financial solutions for both retail and corporate clients. Core services include various deposit and investment accounts, along with ethical financing facilities such as Murabaha and Ijara. Its unwavering commitment to Islamic banking principles provides a distinct and trusted approach to finance in the Egyptian market.
-13 vs industry average
alBaraka Bank Egypt S.A.E.’s score of 24 is lower than 29% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
No reported emissions data is available for alBaraka Bank Egypt S.A.E. yet.
alBaraka Bank Egypt S.A.E., headquartered in Egypt and operating in financial intermediation services, has not reported absolute greenhouse gas emissions for 2023.
However, the bank has provided emissions intensity metrics for 2023. Their Scope 1 and 2 emissions intensity per employee was 3,000 kg CO2e, and per unit area was 88,820 kg CO2e per m2. These figures are derived from their sustainability report.
alBaraka Bank Egypt S.A.E. currently does not have any publicly disclosed carbon reduction targets, nor is it committed to the Science Based Targets initiative (SBTi) or the Climate Pledge. Performance data for alBaraka Bank Egypt S.A.E. is cascaded from its parent company, Al Baraka Group B.S.C.
No climate goals have been disclosed for alBaraka Bank Egypt S.A.E. yet.
No scope 3 category breakdown has been disclosed yet.


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