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Our History

FROM THE KINGDOM OF SAUDI ARABIA TO THE WORLD

Based in Riyadh, Saudi Arabia, Al Rajhi Bank plays an integral part in the life of the Kingdom. We have been serving its citizens, financing its growth and contributing to Saudi development for over 50 years, catering for both the retail and wholesale needs of our clientele.

We are today one of the country's largest branch and ATM network with over POS installed and merchants located throughout the Kingdom. We are also one of the largest joint stock companies in Saudi, with a capital of SR 16.5 billion (US$ 4.3 billion). 

Malaysia marks our first foray into the international banking market, an exciting and highly significant development in the history of the bank.

Founder
  • Saleh bin Abdul Aziz Al-Rajhi and Brothers Co.
  • Provision of Islamic Financial services with exchange of money.
1978
  • Formation of Al Rajhi Trading and Exchange Corporation.
  • Religious Tourism was the thrust of the foundation of this company.
1987
  • Al Rajhi Banking & Investment Corporation was formed as a joint stock holding company.
Current
  • Full fledged Islamic bank that provides wholesale, retail and commercial banking and investment services.