About alrajhi bank

About alrajhi bank

About alrajhi bank

Founded in 1957, Al Rajhi Bank is one of the largest banks in the world by market cap and the largest in the Middle East and Saudi Arabia, with total assets of SAR 658 billion (US$ 175 billion), a paid up capital of SAR 40 billion (US$ 10.66 billion) and an employee base of over 9,300+ associates. With over 60 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 joint stock company under the name of Al Rajhi Banking and Investment Corporation which later in 2006 was named as Al Rajhi Bank. Deeply rooted in Islamic banking principles, the Sharia compliant banking group is instrumental in bridging the gap between modern financial demands and Sharia 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 517 branches, more than 4,844 ATM's, 373,046  POS terminals installed with merchants and the largest customer base of any bank in the Kingdom, in addition to 205 remittance centers across the kingdom. The first branch was opened in Aldirah in 1957.

Our Vision

To be a trusted leader delivering innovative financial solutions to enhance quality of life everywhere

Our Mission

To be the most successful bank, admired for its innovative service, people, technology and Shariah compliance products, both locally and internationally

Board of Directors

The Bank's Board of Directors represents a set of members elected by the General Assembly every three years. Members are classified according to the definitions provided in the Capital Market Authority Corporate Governance Regulations
Board Members

Executive Management 

Executive Management

Shariah Group

The Shariah Group is a fundamental pillar of Al Rajhi operations. The Group is comprised of a series of integrated departments working collectively to realize the our goal of being a leading Islamic Bank. This objective is achieved by enlisting the necessary plans and policies which ensure that all Al Rajhi banking transactions are compliant with the principles of Shariah law.
Shariah Group

Investor Relations

The Shariah Group is a fundamental pillar of Al Rajhi operations. The Group is comprised of a series of integrated departments working collectively to realize the our goal of being a leading Islamic Bank. This objective is achieved by enlisting the necessary plans and policies which ensure that all Al Rajhi banking transactions are compliant with the principles of Shariah law.
Investor Relations

Awards

Recognition for our achievements in banking and finance View All Awards

Our values

Integrity Transparency
  • Openness and highest standards of corporate & personal ethics, in all that we do.
A Passion to Serve Our Customers
  • A strong commitment to anticipate and address customer needs beyond expectation, helping them achieve their objectives.
Modesty
  • Humility in thought and deed in everything we do.
Innovativeness
  • Nurturing imagination and fostering creativity for better results.
Meritocracy
  • Defining, differentiating and reinforcing excellence in people
Care for Society
  • Contributing towards a better tomorrow.

Building a promising future