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Founded in 1957, Al Rajhi Bank is the world’s largest Islamic bank with total assets of SR 741 billion (US$ 198 billion), a paid up capital of SR 40 billion (US$ 10.67 billion) and an employee base of over 9,300+ associates. With over 60 years of experience in banking and trading activities, the various individual establishments under the Al Rajhi name were merged into the umbrella 'Al Rajhi trading and exchange corporation' in 1978 and it was in 1988 that the bank was established as a Saudi share holding company. Deeply rooted in Islamic banking principles.
Founded in 1957, Al Rajhi Bank is the world’s largest Islamic bank with total assets of SR 741 billion (US$ 198 billion), a paid up capital of SR 40 billion (US$ 10.67 billion) and an employee base of over 9,300+ associates. With over 60 years of experience in banking and trading activities, the various individual establishments under the Al Rajhi name were merged into the umbrella 'Al Rajhi trading and exchange corporation' in 1978 and it was in 1988 that the bank was established as a Saudi share holding company. Deeply rooted in Islamic banking principles.