Founded in 1957, Al Rajhi Bank is a leading Islamic bank in Saudi Arabia, playing a pivotal role in the financial sector and contributing significantly to the Kingdom's economic growth. Established on the principles of Islamic finance, the bank has become a beacon of innovation, customer-centricity, and financial inclusion.
Al Rajhi Bank traces its roots to the entrepreneurial spirit of the Al Rajhi family. What began as a small money-changing business in Riyadh evolved into a full-fledged Islamic bank with a national and international presence. The bank's commitment to Sharia-compliant practices and ethical banking has been a cornerstone of its success.
Al Rajhi Bank is at the forefront of Islamic banking, adhering to Sharia principles prohibiting interest (riba) and speculative transactions. The bank offers various Islamic financial products and services, including retail banking, corporate banking, investment banking, and wealth management. Its dedication to ethical banking has earned the trust of customers seeking financial solutions aligned with their values.
Recognising the importance of technology in the modern banking landscape, Al Rajhi Bank has embraced digital transformation. The bank has invested heavily in cutting-edge technologies to enhance customer experiences, streamline processes, and introduce innovative products and services. Mobile banking, online platforms, and digital payment solutions are integral to its strategy, reflecting a commitment to staying ahead in the rapidly evolving fintech landscape.
Al Rajhi Bank strongly emphasises understanding and meeting the evolving needs of its diverse customer base. The bank has cultivated lasting relationships with individuals, businesses, and government entities by offering personalised and Sharia-compliant financial solutions. The customer-centric approach is underscored by a network of branches and ATMs, ensuring accessibility and convenience for clients across the Kingdom.
With a growing global presence, Al Rajhi Bank's influence extends beyond Saudi Arabia. The bank has strategically expanded its operations to key markets, catering to the financial needs of a global clientele. This expansion aligns with the bank's vision to be a leading Islamic financial institution on the global stage.
Al Rajhi Bank actively participates in financial inclusion initiatives, contributing to the socioeconomic development of communities. The bank's corporate social responsibility programs focus on education, healthcare, and community development, demonstrating a commitment to making a positive impact beyond traditional banking services.
Throughout its history, Al Rajhi Bank has demonstrated resilience in navigating economic challenges and uncertainties. The bank has consistently reported strong financial performance, reflecting its prudent management practices and the trust of stakeholders. Al Rajhi Bank's achievements include industry recognition, awards, and a robust financial position.
As Al Rajhi Bank looks to the future, it remains committed to driving innovation, fostering financial inclusion, and contributing to Saudi Arabia's economic vision. The bank's strategic initiatives encompass sustainable banking practices, embracing emerging technologies, and maintaining its position as a pioneer in Islamic finance.
Our mission is to be a trusted partner in their financial journey, offering innovative, customer-centric, and ethical banking services. We are committed to fostering financial inclusion, supporting economic development, and contributing to the well-being of the communities we serve.
Our vision is to be the leading Islamic bank, setting benchmarks for excellence in the financial industry. Al Rajhi Bank aspires to catalyse positive change, embrace digital transformation, and promote financial literacy. We aim to be a global Islamic finance force known for innovation, integrity, and social responsibility. Our vision is rooted in creating sustainable value for our customers, shareholders, and communities, reinforcing our position as a beacon of ethical banking.
Financial services
At Saudi Arabia ABC, we aim to take you on a transformative journey through the magic of immersive experiences. Whether you are an adventurous traveller or a curious local seeking hidden gems, our platform offers a rich tapestry of content designed to cap