AL-RAJHI BANK

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Founded in 1957, Al Rajhi Bank is one of the largest Islamic banks in the world with total assets of SR 267 billion (US$ 71.2 bn), a paid-up capital of US$4 billion, and an employee base of over 8,400 associates. With over 50 years of experience in banking and trading activities, the various individual establishments under the Al Rajhi name were merged into the umbrella 'Al Rajhi trading and exchange corporation' in 1978 and it was in 1988 that the bank was established as a Saudi shareholding co... mpany. Deeply rooted in Islamic banking principles, the Sharia-compliant banking group is instrumental in bridging the gap between modern financial demands and intrinsic values, whilst spearheading numerous industry standards and development. With an established base in Riyadh, Saudi Arabia, Al Rajhi Bank has a vast network of over 500 branches, over 100 dedicated ladies branches, more than 3,600 ATM's, 28,000 POS terminals installed with merchants, and the largest customer base of any bank in the Kingdom, in addition to 130 remittance centers across the kingdom. The first men's branch was opened in Aldirah in 1957, with the first ladies branch being opened in AlShmaisi in 1979.

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AL-RAJHI BANK

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Industry:
Banking Finance Financial Services Predictive Analytics

Founded:
1957-01-01

Status:
Active

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Current Advisors List

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Badr Mohamed Al Rajhi Board Member - Independent Member @ Al-Rajhi Bank
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Saeed bin Omar Al Issaie Board Member - Independent Member @ Al-Rajhi Bank
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Sheikh Abdullah bin Abdulaziz Al Rajhi Board Member - Non Executive Member @ Al-Rajhi Bank
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Suleiman bin Saleh Al Rajhi Board Member - Non Executive Member @ Al-Rajhi Bank
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Abdulaziz bin Khalid Al Ghefaily Board Member - Non-Executive Member @ Al-Rajhi Bank
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Mohamed bin Abdullah Al Rajhi Board Member - Non- Executive Member @ Al-Rajhi Bank
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Ali bin Ahmed Al Sheddy Board Member - Independent Member @ Al-Rajhi Bank
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Mohamed bin Othman Al Bisher Board Member - Independent Member @ Al-Rajhi Bank
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Current Employees Featured

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Sheikh Suleiman bin Abdulaziz Al Rajhi
Sheikh Suleiman bin Abdulaziz Al Rajhi Chairman, Board of Directors - Non-Executive Member @ Al-Rajhi Bank
Chairman, Board of Directors - Non-Executive Member

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Abdullah bin Suleiman Al Rajhi
Abdullah bin Suleiman Al Rajhi Vice Chairman of the Board - Non-Executive Member @ Al-Rajhi Bank
Vice Chairman of the Board - Non-Executive Member

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Arsalaan Ahmed
Arsalaan Ahmed Chief Executive Officer @ Al-Rajhi Bank
Chief Executive Officer
2021-02-01

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Sulaiman Abdul Aziz Al Rajhi
Sulaiman Abdul Aziz Al Rajhi Founder @ Al-Rajhi Bank
Founder

Founder


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Sheikh Saleh Bin Abdulaziz Al Rajhi

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Sulaiman Abdul Aziz Al Rajhi

Investments List

Date Company Article Money raised
2024-05-14 Zain KSA Al-Rajhi Bank investment in Debt Financing - Zain KSA 1.63 B SAR
2024-04-28 NEOM Al-Rajhi Bank investment in Debt Financing - NEOM 10 B SAR
2024-03-28 AviLease Al-Rajhi Bank investment in Debt Financing - AviLease 700 M USD
2023-09-17 Halwani Bros. Co. Al-Rajhi Bank investment in Post-IPO Debt - Halwani Bros. Co. 210 M SAR
2023-09-17 Knowledge Economic City Al-Rajhi Bank investment in Post-IPO Debt - Knowledge Economic City 143 M SAR

Newest Events participated

shes-next-spotlighting-women-entrepreneurs-in-the-middle-east_event_image Participated in She’s next: Spotlighting Women Entrepreneurs in the Middle East on 2022-09-26 as sponsor

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