Al Baraka Bank Egypt stock: H1 growth masks return mix

Published on 11/09/2026 at 02:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Al Baraka Bank Egypt stock is in focus after an analysis of its five-year expansion. Retail deposits and customer financing led the growth.

Growth and risk remain in focus

Retail deposits led the bank's funding expansion through June 2026.
Customer financing grew faster than deposits, while the non-performing loan ratio declined.
Profit growth was accompanied by a lower return on average equity.

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An analysis published by FirstBank on October 26, 2026, highlights how Al Baraka Bank Egypt expanded its business through the first half of 2026. The review covers the period from June 2021 to June 2026 and focuses on deposits, financing, credit quality and profitability.

Deposits support financing growth

Total assets increased to EGP 151.60 billion at the end of June 2026 from EGP 77 billion five years earlier, according to the analysis. Customer deposits reached EGP 127.48 billion, with retail deposits rising to EGP 89.62 billion. Customer financing climbed to EGP 83.13 billion from EGP 22.42 billion, lifting the loan-to-deposit ratio to 65.21 percent.

Credit quality and returns

The expansion was accompanied by a decline in the non-performing loan ratio to 4.47 percent from 4.93 percent. Net profit rose to EGP 1.85 billion in the first half of 2026 from EGP 620.62 million in the comparable period of 2021, while net interest income reached EGP 3.96 billion. Return on average assets improved to 2.49 percent, but return on average equity edged down to 23.24 percent.

Banking model and market position

Al Baraka Bank Egypt provides Islamic banking products, savings and deposit accounts, certificates, Sukuk, cards and consumer financing in Egypt, according to its official website. The bank is based in Giza and operates as a regional Egyptian bank. Its Islamic-banking niche differentiates it from conventional sector peers such as Commercial International Bank - Egypt and Qatar National Bank Egypt. Faisal Islamic Bank of Egypt is another named Islamic-banking peer in the Egyptian market.