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The Al Rajhi Bank ( Arabic: مصرف الراجحي) (previously known as Al Rajhi Banking and Investment Corporation) [4] is a Saudi Arabian bank and the world's largest Islamic bank by capital based on 2015 data.
Al Rajhi Bank Tower ( Arabic: برج الراجحي) is a 205-m commercial skyscraper in the al-Muruj neighborhood of Riyadh, Saudi Arabia. The project was launched in 2006 and completed in 2017. [1]
In 1985, the al-Rajhi Banking and Investment Company was authorized to engage in interest-free banking, but on the condition that it did not use the word "Islamic" in its name. [2] Saudi Arabia does not officially recognize the concept of Islamic banking. The logic is that if one bank is recognized as an Islamic institution then all others, by ...
His father was Saleh Abdulaziz Alrajhi, co-founder of Al-Rajhi Bank and many prominent industrial companies in Saudi Arabia, and his uncle is Sulaiman Abdul Aziz Al Rajhi, a Saudi Arabian corporate figure and billionaire who co-founder of Al-Rajhi Bank .
Sulaiman Abdulaziz Al Rajhi holds the largest individual stake in his family's Al Rajhi Bank, which has consistently reported the most profitable operations amongst all of Saudi Arabia 's banking groups.
Al Rajhi Bank Malaysia is a bank based in Malaysia. [1] Its head office is located at Kuala Lumpur, Malaysia .
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers access their bank accounts.
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