Al Rajhi Bank

Al Rajhi Bank, a trading name of Al Rajhi Banking & Investment Corporation, is one of the world’s largest Islamic banks by customer base, assets and market capitalization. It has around 18 million customers, over 22,000 employees, 512 branches and 4,400 ATMs across the Kingdom. It also maintains international offices in Malaysia, Kuwait and Jordan. The company provides a diverse range of fully Shariah-compliant consumer, corporate and SME banking services including current and savings accounts, personal finance products, mortgage and auto finance, credit and debit cards, cash management, treasury and trade services; motor, travel and business insurance; real estate finance, investment banking, brokerage and foreign exchange services, asset and wealth management, online banking, mobile app and more. Al Rajhi was established in 1957 and today it is the leading bank in Saudi Arabia and the Middle East. As of September 30, 2024, Al Rajhi Bank reported SAR 903 billion (US$241 billion) in total assets, SAR 623 billion in customer deposits, SAR 649 billion in net loans and SAR 118 billion in total equity. The company’s shares are listed on the Saudi Stock Exchange, with a market capitalization of US$98 billion as at December 25, 2024.
Credit Ratings:
Moody’s: A1
Fitch: A-
Standard & Poor’s: A-
Ratings as of October 2024
Some Subsidiaries:
Al Rajhi Capital
Al Rajhi Takaful Agency Company
Al Rajhi Development Company
Al Rajhi Company for management services
Emkan Finance Company
Headquarters address:
8467 King Fahd Road
Al Muruj District, Unit No 1
Riyadh 12263 2743
Kingdom of Saudi Arabia
Phone number: 966 62 000 3344
Website: www.alrajhibank.com.sa