Al Rajhi Bank
BankingRiyadh, Saudi Arabia10001+ Employees
Al Rajhi Bank is a Saudi Arabian banking institution founded in 1957 that operates within Islamic, Sharia-compliant principles. It is described as one of the largest Islamic banks globally and maintains the largest customer base of any bank in Saudi Arabia. The bank is headquartered in Riyadh and maintains an extensive network of branches and access points, including more than 570 branches, over 152 dedicated ladies branches, more than 5,190 ATMs, 106,000 POS terminals, and 232 remittance centers nationwide. Its corporate history stems from the merger of various Al Rajhi establishments into the Al Rajhi trading and exchange corporation in 1978, with the bank established as a Saudi shareholding company in 1988. In recent years, Al Rajhi Bank has pursued digital and financing initiatives, including a strategic collaboration with Visa to launch Account Funding Transaction capability, and expansion of sharia-compliant financing platforms and services.
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