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April 8, 2026 | 1 month ago

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Al Baraka Bank Algeria launches two new products for business customers

Al Baraka Bank Algeriahttps://www.albaraka-bank.dz/franchits a new phase in its strategy to support the national economy. The bank has just announced the launch of a range of financing products structured around two areas: operations and investment, specifically designed to meet the needs of professionals and very small businesses.

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The first part of this commercial initiative, the Pro Working Capital Facility, tackles the crux of the matter for any entrepreneur: liquidity. Designed for a term of up to 18 months, this solution helps to smooth out cash flow fluctuations and ensure a constant supply of stock. As the company highlights in its press release: “This financing offers rapid implementation as well as personalised support tailored to each business, particularly for sole traders, retailers, doctors, pharmacists, professionals and tradespeople.” This flexibility aims to ensure business continuity in the face of unforeseen events, whilst remaining strictly compliant with the principles of Islamic finance.

For longer-term projects, Al Baraka offers the Pro Investment Finance scheme. This scheme, which has a term of up to 120 months (10 years), enables professionals to acquire state-of-the-art equipment or commercial property for their premises. The key advantage lies in the bank’s ability to cover the full cost: “It enables the financing of the acquisition of equipment, materials or commercial property, with the bank covering up to 100% of the asset’s value.”

The offer comes with a comprehensive package

To this end, the bank employs a range of financial engineering solutions, using instruments such as Ijara, Murabaha, Musharaka and Istisna’a, all of which have been approved by its Sharia committee.

More than just a loan, Al Baraka d’Algérie offers a comprehensive ‘toolkit’ for business owners. The financing package comes with a comprehensive bundle including a dedicated current account, a CIB Business card, digital services for remote management and, a significant benefit for retailers, a free electronic payment terminal (EPT).

This approach aims to appeal to a broad target audience, ranging from tech start-ups to solicitors and tradespeople. By strengthening its capital base, which now stands at 20 billion dinars, the bank is reaffirming its ambition to be the go-to partner for Algerian entrepreneurship.

Interested customers are invited to visit their nearest branch or contact their advisor for a personalised assessment.

April 8, 2026 | algeria-logo

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