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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 ...
Retrieved from "https://en.wikipedia.org/w/index.php?title=Al_Rajhi_Banking_and_Investment_Corporation&oldid=106305672"
Sheikh Saleh Abdul Aziz Al Rajhi (1921 – February 12, 2011) ( Arabic: الشيخ صالح بن عبد العزيز الراجحي) [1] [2] was a Saudi businessman and philanthropist who founded the Al-Rajhi Bank, the largest Islamic banking institution. The eldest of the Al Rajhi family, he was engaged in other successful industries such as ...
Traditional banks and credit unions are generally FDIC-insured up to a certain amount. This insurance means that your money across all checking and savings accounts at that bank is protected ...
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-Malik Al-Dhary Exchange Company. Al-Safaa Al-Alamiah Exchange Company. Joyalukkas Exchange Company W.L.L. Money Basket International Exchange Company. Wall Street Exchange Company (Mohammed Mostafa Abazaid And His partner LLC) Kuwait Asian International Exchange Company. ARY Exchange Company.
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