Headquartered in Riyadh, Al Rajhi Bank operates more than 600 branches, primarily in Saudi Arabia, with additional branches in Kuwait and Jordan, and a subsidiary in Malaysia. The bank offers a variety of banking services including deposits, loans, investment advice, securities trading, remittances, credit cards, and consumer financing, all adhering to Islamic banking principles.
Over the decades, Al Rajhi Bank has expanded its operations and influence. In 2006, the bank launched its first international branch in Malaysia, marking its foray into global banking. The bank’s services are designed to meet the needs of both consumers and businesses, with a significant focus on consumer banking, which generates a majority of its revenue and assets.
Despite facing controversies and allegations related to terrorist financing in the early 2000s, Al Rajhi Bank has maintained its stance against terrorism and continued to operate with integrity and adherence to legal and ethical standards. The bank has been recognized for its contributions to the Saudi economy and its efforts in supporting the government’s housing initiatives and broader social reform agendas.
A glimpse into the Oakridge Smart Home features and finishes
From foundation to finishing, we deliver complete construction solutions tailored to your needs.
