ABPL is a subsidiary of the Al Baraka Banking Group (ABG) which is a renowned Islamic Banking group in the Persian Gulf region. ABG is a Bahrain Join Stock company listed on Bahrain and NASDAQ Dubai stock exchanges. ABG’s authorized capital amounts to US$1.5 billion, has an asset base over US$24 billion and total equity amounting to US$2.5 billion.[8] ABG has a wide global presence.