Question 1

How can I download the baraka app?

Accepted Answer

You can download baraka both on the Google Play Store (if you’re using an Android device) and the iOS App Store (if you’re using an Apple device).
Download the application on the Google Play Store.
Download the application on the iOS App Store.

Question 2

What are Premium features?

Accepted Answer

baraka's Premium subscription allows us to provide better financial tools to help you invest better. This includes direct access to detailed stock analysis from Refinitiv including analyst price target estimates.
As a valued Premium Tier member you get unlimited access to in-depth company research, that includes buy-hold-sell recommendations, 12-month price targets, sector analysis, stock score across 8 categories (earnings, fundamental analysis, relative value, price momentum, risk, insider trading).
You can refer to the table below for a more detailed comparison.

Question 3

Do you provide any financial courses?

Accepted Answer

We provide a range of quick, bite-sized, engaging content in the form of blogs, newsletters, and articles covering investing fundamentals in the app. However, we do not provide any investment advice and recommend that you consult a financial advisor.

Question 4

Can I register from outside the GCC?

Accepted Answer

For the time being, we only provide the service to nationals and residents of the GCC, Jordan and Turkey.

Question 5

How can I login to baraka?

Accepted Answer

Once you have registered, you can log into the app either via email and password, or use one of the social login options available on the app &#8211; such as Apple ID, LinkedIn and Google Login.

Question 6

Can I use my social profiles to log onto baraka?

Accepted Answer

You can log onto baraka using your social profiles on Facebook and LinkedIn, or your account on Google or Apple.
In order to choose social login, please follow the steps below:
&#8211; On the login screen, click on the icon of choice (based on the social profile you’d like to use to log into baraka)
&#8211; You will have to validate your social profile by logging into the social account you’ve chosen in an in-app screen

Question 7

I’m having trouble verifying my account. What can I do?

Accepted Answer

Make sure your document includes key information (like expiration date, DOB, the registered name matches ID name, incorrect ID format.) Also, make sure your document is not a scanned document or a screenshot. If all fails, please contact us.

Question 8

What is a PEP?

Accepted Answer

PEP – standard definition
An individual who is or have been entrusted with prominent public functions including: heads of state, heads of governments, ministers and deputy assistant ministers; members of parliament; members of supreme courts, of constitutional courts or of other high level judicial bodies whose decisions are not subject to further appeal except in exceptional circumstances; members of courts of auditors or of the boards of central banks; ambassadors and high-ranking officers in the armed forces; and members of the administrative, management or supervisory bodies of State-owned enterprises.
PEP – immediate family
This includes immediate family members of PEPs such as the spouse; any partner considered by national law as equivalent to the spouse; the children and their spouses or partners; and the parents.
PEP – beneficial owner
It also includes individuals known to be close associates of PEPs in the standard definition, which means any individual who is known to have joint beneficial ownership of legal entities or legal arrangements, or any other close business relations with a person referred to in the PEP definition; and any individual who has sole beneficial ownership of a legal entity or legal arrangement which is known to have been setup up for the benefit de facto of the PEP standard definition.

Question 9

Are there any blacklisted countries?

Accepted Answer

At the moment there are few countries we cannot onboard as we are faced with limitations on a couple of regional citizenships.
The following are the restricted countries:
Iraq, Iran, Syria, South Sudan, Libya, Afghanistan, Cambodia, Guinea-Bissau, Haiti, People’s Republic of Korea, Panama, Republic of Congo, Somalia, Vietnam, and Yemen.

Question 10

Do you give investment advice or investment courses?

Accepted Answer

At baraka, we do not offer investment advice. It is advisable to consult with a financial advisor for personalized recommendations. However, if you're looking to expand your knowledge of investing, we have you covered. Our Learn Academy and newsletter provide comprehensive, easily digestible information on a variety of investment topics. Explore the world of investing with us, all within the baraka app.

Question 11

What is the minimum age to have a baraka account?

Accepted Answer

To open an account on baraka, you must be at least 18 years old.

Question 12

Is baraka available in all countries?

Accepted Answer

Currently, baraka is only available to residents in  the Gulf Cooperation Council (GCC):namely: United Arab Emirates, Oman, Qatar, Bahrain, and Kuwait.
Kindly note that, due to policy restrictions presented by our brokerage partner, nationals of certain countries may not be able to onboard at the moment. 
Please contact our support team via support@getbaraka.com should you have any further questions.

Question 13

How can I access the baraka app?

Accepted Answer

The baraka app is available on both the Google Play Store and Apple Store.

Question 14

How to register on baraka?

Accepted Answer

Once you have downloaded the app you will need to set up your account to start investing. 
In order to register, you will be required to complete 3 steps:

Set up your login details and validate your cell phone.
Enter your personal information.
Verify your identity and proof of address.

Read more about the document requirements

Question 15

What documents do I need to set up my baraka account?

Accepted Answer

In order to set up your baraka account, you will require a form of documentation to verify your identity. This can either be your passport, identification card, or driving license.
You will also need to provide a proof of address. Inputs include your country of residence, city and street address, and your postal code. To verify your address, you need to enter your home address in the GCC.

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