Al-Rajhi Bank

Al-Rajhi Bank


Al-Rajhi Bank

to get instant updates about 'Al-Rajhi Bank' on your MyPage. Meet other similar minded people. Its Free!


All Updates

The Al-Rajhi Bank () (known as the Al Rajhi Banking and Investment Corporation until a 2006 name change is the world's largest Islamic bank, and a major investor in Saudi Arabia's business world. It is one of the largest joint stock companies in the Kingdom, with a paid up capital of SR 6.75 billion. Its Head Office is located in Riyadh and there are six Regional Offices. Al-Rajhi Bank also has 18 branches in Malaysia and plans to have 50 branches in that country by 2010.


Banking and trading activities of Al-Rajhi Bank began 30 years ago. In 1398 H (1978) individual establishments were merged into "Al Rajhi Trading and Exchange Corporation" and in 1404 H (1987) it was converted into a joint stock company under the royal decree No. 59, dated 3/11/1407. In 5/4/1409 H, the company was renamed to Al-Rajhi Banking and Investment Corp under the ministerial decision No. 1398, and was re-branded, in February 2006, to Al-Rajhi Bank, but is still registered as Al-Rajhi Banking and Investment Corp.

Al-Rajhi Bank's shareholding pattern show that the four sons of Abdul Aziz Al Rajhi (Saleh, Sulaiman, Abdullah and Mohammed) and their heirs remain the corporation's primary equity holders. The Al Rajhi family is considered, by most in Saudi Arabia, as the country's wealthiest non-royals, and among the world's leading philanthropists.

Al-Rajhi Bank is considered as one of the largest banking corporations in the kingdom with a...
Read More

No feeds found

Posting your question. Please wait!...


No messages found
Suggested Pages
Tell your friends >
about this page
 Create a new Page
for companies, colleges, celebrities or anything you like.Get updates on MyPage.
Create a new Page
 Find your friends
  Find friends on MyPage from