Al Rajhi Bank is an Islamic bank founded in 1957 with total assets of SR 172 billion (US$45.7 bn), a market capital of US$4 billion. 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. 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 share holding company. With an established base in Riyadh, Saudi Arabia, Al Rajhi Bank has a vast network. Al Rajhi Bank also continues to develop banking programs and projects with a focus on the latest electronic services and investment products in order to offer innovative banking and investment services, especially e-banking.
Olaia Street,P.O.Box 28
Riyadh; Al-Riyadh; Postal Code: 11411
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