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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 ...
International Finance Awards 2019. Naif Saleh Abdulaziz Alrajhi ( Arabic: نايف صالح الراجحي ), a Saudi entrepreneur, investor, philanthropist and businessman. He is the Founder and CEO of Naif Alrajhi Investment. [1] In 2001, Naif Alrajhi launched his career in commerce. In 2003, he began working in real estate development.
Local Banks. There are 11 local licensed banks in Saudi Arabia: [2] Bank name (English) Bank name (Arabic) Headquarters. Founded. Stock code [3] Saudi National Bank (SNB) البنك الأهلي السعودي.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Al_Rajhi_Banking_and_Investment_Corporation&oldid=106305672"
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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 ...
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