This letter deals with a magnetic tunnel junction having spin filtering by a magnetic barrier. We performed experiments in which a relatively strong external field rotates magnetizations of both ferromagnetic electrodes in the tunnel junction with the magnetic barrier simultaneously so that the two are always parallel to each other. The tunnel magnetoresistance induced in this way was over 16% at 300 K. The angular dependency of the tunnel current on the layer magnetizations indicates that the barrier contains antiferromagnetic oxide. To achieve the described effect the magnetic electrode of the junction was oxidized prior to forming the Al 2 O 3 layer. © 2005 American Institute of Physics. ͓DOI: 10.1063/1.1925785͔Conventional spin-polarized electron tunneling is based on a tunnel junction with two ferromagnetic electrodes. [1][2][3][4][5] The tunnel current between the electrodes depends on their relative orientations of magnetization with respect to each other. 6 Spin-dependent currents can also be achieved in the case of tunneling between an antiferromagnetic electrode and a ferromagnetic one. In this case, the tunnel current changes when the magnetization vector in the ferromagnetic electrode rotates with respect to the antiferromagnetic direction of the other electrode. [7][8][9] Another approach to achieving spin-dependent tunneling was proposed in Ref. 10. To explain the concept, let us consider two ferromagnetic electrodes separated by a tunnel barrier. We assume that magnetizations M 1 and M 2 in both electrodes are always parallel. Contrary to the conventional approach, however, we consider the tunnel barrier composed of a ferromagnetic dielectric. The direction of magnetization M b in the barrier is different from the direction of magnetizations M 1 and M 2 in the electrodes. In this case, the tunnel current between the two ferromagnetic electrodes, depends on the relative direction of the spin of electrons emitted by the electrodes, with respect to the magnetization of the tunnel barrier, because the tunneling electrons see interaction with the spins of the dielectric layer through an additional exchange energy −J 1 b , where J is the exchange constant and ប 1 / 2 and ប b / 2 are electron spins in the first electrode and barrier, respectively. This either increases or decreases the effective tunnel barrier depending on the relative direction of spins in the electrodes and the ferromagnetic layer. Therefore, the tunnel current at low bias voltage V iswhere signs Ϫ and ϩ in Eq. ͑1͒ correspond to the cases of the spin directions in the tunnel barrier and in the electrodes being parallel and antiparallel to each other, respectively, provided J is positive ͑ferromagnetic exchange͒ and vice versa for negative J. G is the barrier conductivity per unit area, m is the free electron mass, is the barrier height, d is the barrier width. In writing Eq. ͑1͒, we assume 100% spin polarization at the Fermi level. If J Ӷ , then the relative change of the conductivity iswhere k eff = J ͱ 2m / ͑ប ͱ ͒ and ͗G͘ is the aver...