 | |
 Alrajhi Bank Tower in Riyadh, Saudi Arabia. | |
Native name | مصرف الراجحي |
|---|---|
| Company type | Public (Tadawul: 1120) |
| ISIN | SA0007879113  |
| Industry | Banking, financial services |
| Founded | 1957 |
| Headquarters | Riyadh, Saudi Arabia |
Number of locations | 600+ Branches 4,700+ ATMs 73,000+ POS |
Area served | Saudi Arabia Kuwait Jordan Malaysia Syria |
Key people | |
| Products | Financial services |
| Revenue |  SR 6.35 billion (Q2 2018[1]) |
| SR 8.43 billion (Q2 2018) | |
| SR 4.95 billion (Q2 2018) | |
| Total assets | SR 348.44 billion (2018) (Q2 2018) |
| Total equity | SR 52.79 billion (Q2 2018) |
Number of employees | 13,077 (2018)[2] |
| Divisions | Tahweel Al Rajhi |
| Subsidiaries | Al Rajhi Capital Al Rajhi Bank Business Al Rajhi Takaful Al Rajhi Development Company Al Rajhi for Administrative Services Company urpay neoleap Emkan |
| Rating | A1 (Moody's)[3] |
| Website | www.alrajhibank.com.sa |
Alrajhi Bank (Arabic: مصرف الراجحي) (previously known as Alrajhi Banking and Investment Corporation)[4] is a Saudi Arabian bank and the world's largest Islamic bank by capital based on 2015 data.[5]
The bank is a major investor in Saudi Arabia's business and is one of the largest joint stock companies in the Kingdom,[6] with over SR 330.5 billion in AUM ($88 billion)[7] and over 600 branches.[8] Its head office is located in Riyadh, with six regional offices. Al Rajhi Bank also has branches in Kuwait and Jordan, and a subsidiary in Malaysia and Syria.
Al Rajhi Bank has market capitalization of SR 302.80 billion.[9]
- ^ Tom Arnold (July 26, 2018). "Saudi's Al Rajhi Bank Q2 net profit at high end of forecasts". Reuters. Retrieved September 1, 2018.
- ^ "#563 Al Rajhi Bank". Forbes. June 2018. Retrieved September 1, 2018.
- ^ Cunningham, Andrew (13 November 2015). "Safest Islamic Banks 2015". Global Finance Magazine. Archived from the original on 6 February 2020. Retrieved 25 March 2017.
- ^ Al Rajhi Banking & Investment Corp, CEO launches new corporate identity and announces a name change. Archived 2008-10-06 at the Wayback Machine Albawaba
- ^ "Al Rajhi Remains World's Largest Islamic Bank". Islamic Finance. 31 July 2015. Archived from the original on 13 June 2018. Retrieved 19 January 2017.
- ^ Mohammed, Naveed (31 July 2015). "IslamicFinance.com ranks Al Rahji as world's largest Islamic Bank". Sukuk. Retrieved 25 March 2017.
- ^ David French (24 October 2016). "Saudi housing, SME lending to drive Al Rajhi Bank's growth to 2020". Reuters. Retrieved 28 February 2017.
- ^ Allam, Abeer (9 October 2013). "Al Rajhi Bank: Margins trimmed at market leader". Financial Times. Archived from the original on 11 December 2022. Retrieved 25 March 2017.
- ^ "Saudi Arabia's Al Rajhi Bank ticks all the financial benchmarks". gulfnews.com. Retrieved 2023-01-16.