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harmonize
the group
harmonize
the group
Every decade or so, new trends, technologies, and rapidly evolving customer needs cause seismic shifts in the banking industry. Over these past few decades, alrajhi bank has been at the forefront of such industry changes. With YOU as our primary focus, our approach to these inevitable transitions has been strategic, yet bold. Prudent, yet innovative. Progressive, yet sustainable. We evolved alongside you and your needs, from a bank to an ecosystem of broader financial capabilities and solutions, ready for the next paradigm shift.
A seamlessly connected, digitally elevated, hyper-personlised, omnichannel, universal banking experience, harmonized to fulfil YOUR evolving financial needs.
this is
alrajhi bank
Headquartered in Riyadh, Kingdom of Saudi Arabia, alrajhi bank operates under Commercial Registration No. 1010000096. A member of the alrajhi bank group, the bank is listed on the Saudi Stock Exchange (Tadawul) with the Ticker No. RJHI [1120]. alrajhi bank is the world's largest Islamic bank with SAR 974 Bn. (USD 260 Bn.) in assets, a paid-up capital of SAR 40 Bn. (USD 11 Bn.) and an employee base of over 23,000 associates.
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alrajhi bank
group
alrajhi bank group provides customers with innovative financial products and services that are simultaneously in line with Islamic banking principles and rapidly evolving market requirements.
The group is Shariah-compliant and is instrumental in bridging the gap between 21st-century financial demands and intrinsic Islamic values.
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Overview
chairman’s statement
In line with the Kingdom’s transformative changes and the major development revitalisation spanning all sectors, we are proud to report that alrajhi bank achieved its highest net income after Zakat.
Overview
managing director and chief executive officer's review
In 2024, alrajhi bank commenced the implementation of its “harmonize the group” strategy, bringing together an ecosystem of banking and financial solutions to service both retail and corporate customers, while elevating the benchmark for customer experience.
value drivers:
2024 at a glance
World’s largest Islamic Bank (by assets and market cap)
#1 in
- Bank in KSA (by number of customers)
- Retail bank in the Middle East (Retail Deposits and Income)
- Distribution network in the Middle East (by # of Branches, POS, ATMs, Remittance Centres)
- In banking transactions in KSA (+1 billion transactions per month, on average)
- Bank for remittances in Middle East (by payment value)
#3
in Corporate Banking in KSA
Net income after Zakat
2024
SAR 19.7 Bn.
2023 – SAR 16.62 Bn.
Highest Customer Satisfaction Net Promoter Score (NPS) in the Kingdom
2024 – 85
2023 – 76
Total assets
2024
SAR 974 Bn.
2023 - SAR 808 Bn.
Earnings per share
2024
SAR 4.67
2023 - SAR 3.95
sustainable finance
framework
