Al Rajhi Bank engages in the provision of banking, financing, and investment services. It operates through the following segments: Retail, Corporate, Treasury, ...

The bank’s significant fixed-rate exposure, particularly in retail loans and mortgages, contributes to a negative net asset repricing gap over a 12-month period. The analysts emphasized four ...

Jefferies’ analysis suggests that while Al Rajhi Bank has a positive fundamental outlook, the current stock price already reflects its strengths, leaving limited room for further appreciation.

One such individual is Sheikh Sulaiman bin Abdul Aziz Al Rajhi, a Saudi businessman who built his business empire from scratch, and sold palm dates for a living as a 12-year-old.

Al Rajhi Banking and Investment Corp. is marketing a USD-denominated benchmark-size five-year sukuk offering at initial price thoughts (IPTs) of Treasuries plus 125 basis points area. Proceeds from ...

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%. The bank also reported robust loan growth ...

(Reuters) - Most Gulf stock markets opened lower on Wednesday due to lacklustre corporate earnings, although the Saudi index rose on strong gains by Al Rajhi Bank. Dubai's main share index dropped ...

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 ...

Abdullah bin Sulaiman Al Rajhi, chairman of the bank’s board of directors, says, “The bank continued its selective growth across businesses to achieve its strategic goals while maintaining its lead in ...

Abdullah Al Rajhi emphasized the bank's ongoing commitment to societal roles, the bank continued to support the kidney transplant operations program, with 72 successful procedures this year, and ...

Al Rajhi Bank , the largest Islamic lender in the world, has raised $1 billion from sale of 5-year sustainable Islamic Bonds or 'sukuk', an arranging bank document showed on Tuesday.

Al Rajhi Bank, The largest Islamic lender in the world, has picked banks to sell 5-year sustainable sukuk, a document from an arranging bank revealed on Monday.