News

Al Rajhi Bank engages in the provision of banking, financing, and investment services. It operates through the following segments: Retail, Corporate, Treasury, ...
Al Rajhi Bank's net profit for the quarter was SAR 5.5 billion, an 8% increase QoQ and an impressive 32% YoY, surpassing MSe by 7% and consensus by 9%.
Al Rajhi Bank, the world’s largest Islamic bank by capital, has reported a 34 percent increase in net profit for the first quarter of 2025, to SAR5.9 billion ($1.5 billion). The Saudi bank’s ...
Al-Rajhi Bank is arguably one of the strongest lenders in the region. It benefits from one of the largest, most loyal and most stable deposit bases in the GCC. This has given it a funding cost of ...
Al Rajhi bank is owned by the billionaire Al Rajhi family and holds $59 billion in assets. It is Saudi Arabia's largest private bank. Al Rajhi's links to terrorism were confirmed in 2002 when U.S. ...
Al Rajhi Bank, world's largest Islamic bank in assets and market capitalisation, is planning to sell 5.5-year sustainable Islamic bonds, or sukuk, according to an arranging bank document seen by ...
Al Rajhi Bank Malaysia embarked on a multi-year digital transformation in 2021 and the Bank will deploy Thought Machine’s core banking engine, Vault, to launch a new digital bank in 2022 with a ...
Today, Mr. Al Rajhi is a reclusive octogenarian whose fortune is estimated at $12 billion. And Al Rajhi Bank grew into the kingdom's largest Islamic bank, with 500 branches in Saudi Arabia and ...
The chairman of Al Rajhi Bank, Sulaiman Al Rajhi, is already in his mid-80s. Sulaiman Al Rajhi has already started selling down his fortune into charity as part of his succession planning. Some sons ...