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Al Rajhi Bank was founded in 1957, and is one of the largest banks in Saudi Arabia, with over 9,600 employees and $88 billion in assets. The bank is headquartered in Riyadh, and has over 600 branches, primarily in Saudi Arabia, but also in Kuwait, and Jordan, with a subsidiary in Malaysia. The bank was started by four brothers, Saleh, Sulaiman ...
Riyadh: 1976: 1030 Alinma Bank: مصرف الإنماء: Riyadh: 2006: 1150 Banque Saudi Fransi (BSF) البنك السعودي الفرنسي: Riyadh: 1977: 1050 Riyad Bank: بنك الرياض: Riyadh: 1957: 1010 Al-Rajhi Bank: مصرف الراجحي: Riyadh: 1957: 1120 Arab National Bank (ANB) البنك العربي الوطني: Riyadh ...
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] Designs for the sail-shaped tower have been drawn up by architects at Atkins .
In 1947, Al Rajhi opened a formal currency shop in Riyadh. He sent for his brothers, Mohammed and Sulaiman , to be a part of the business. Sulaiman , who later succeeded his brother as head of the family conglomerate, was a teenager then, hired for a salary of $10 to do exchange delivery and messenger jobs for the shop.
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 ...
Al Rajhi Bank Headquarters: Riyadh: 205 m (673 ft) 37 2017 Office Olaya Towers - A Riyadh: 203 m (666 ft) 38 2013 Office Suwaiket Tower: Al Khobar: 200 m (656 ft) 48 2012 Mixed Use Hamad Tower: Riyadh: 200 m (656 ft) 38 2014 Al Nakheel Tower: Riyadh: 200 m (656 ft) 26 2011 Office Burj DAMAC: Riyadh: 200 m (656 ft) 36 2016 Office Tadawul Tower ...
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Sheikh Sulaiman bin Abdulaziz Al Rajhi ( Arabic :سليمان بن عبد العزيز الراجحي, born 1929) [1] is a Saudi Arabian corporate figure and billionaire. As of 2011, his wealth was estimated by Forbes to be $7.7 billion, making him the 120th richest person in the world. [2]