This review article describes the development of the use of aluminum compounds in the chemistry of frustrated Lewis pairs (FLPs) over the last 14 years. It also discusses the synthesis, reactivity and catalytic applications of intermolecular, intramolecular and so‐called hidden FLPs with phosphorus, nitrogen and carbon Lewis bases. The intrinsically higher acidity of aluminum compounds compared to their boron analogs opens up different reaction pathways. The results are presented in a more or less chronological order. It is shown that Al FLPs react with a variety of polar and non‐polar substrates and form both stable adducts and reversibly activate bonds. Consequently, some catalytic applications of the title compounds were presented such as dimerization of alkynes, hydrogenation of tert‑butyl ethylene and imines, C–F bond activation, reduction of CO2, dehydrogenation of amine borane and transfer of ammonia. In addition, various Al FLPs were used as initiators in polymerization reactions.