Al Rajhi Bank: Company Profile and Vision 2030 Role

Sun, 22 Feb 2026 00:00:00 +0000

Al Rajhi Bank is the world’s largest Islamic bank by market capitalization and one of the most profitable financial institutions in the Middle East. As a purely Shariah-compliant bank with deep retail penetration across Saudi Arabia, Al Rajhi occupies a unique position at the intersection of Islamic finance leadership and the Kingdom’s Vision 2030 economic transformation.

Company Overview

Founded in 1957 as a money exchange house by the Al Rajhi family, the institution received its banking license in 1988 and has since grown into a full-service Islamic bank with a commanding domestic market position. Al Rajhi operates exclusively under Shariah-compliant principles, offering no conventional banking products. The bank maintains over 500 branches across Saudi Arabia, with shares traded on Tadawul and an expanding international presence in Malaysia, Jordan, and Kuwait.

Al-Rajhi-Bank on SAUDI VISION 2030 Intelligence Platform

Al Rajhi Bank: Company Profile and Vision 2030 Role

Company Overview