About
Alinma Bank
About Alinma Bank
Empowering growth through Shariah-compliant financial excellence
Established through a Royal Decree in 2006, Alinma Bank stands as an integrated financial entity licensed to operate within the Saudi financial services sector, in complete adherence to Shariah-compliant standards across all its banking and investment services and transactions. As one of Saudi Arabia’s largest financial institutions, the Bank became a public listed company on the Saudi Exchange (Tadawul) in 2008, swiftly becoming one of the top traded stocks in the Kingdom in terms of volume and value traded.
Alinma Bank serves 4.67 million customers and holds the distinction of being the leading entity in nationalizing jobs within the financial sector in the Kingdom, earning numerous accolades. With an exceptional robust strategy aligned with the Saudi Vision 2030, Alinma Bank is progressing towards becoming one of the foremost Shariah-compliant financial institutions in an increasingly evolving digital ecosystem.
Our positioning
Since its establishment, Alinma Bank has consistently expanded its presence to become one of Saudi Arabia’s leading banking institutions and a prominent Shariah-compliant financial institution in the region. Alinma Bank’s sustained robust financial performance and expanding footprint in the local market have positioned it as one of the most actively traded stocks in the Kingdom, with an exponentially growing market capitalization which stood at SAR 77.3 Bn. as of December 31, 2023.
Building on this strong financial foundation, Alinma Bank is dedicated to meet the aspirations of stakeholders through a focus on sustainable growth, customer satisfaction, employee empowerment, and delivering long-term shareholder value.
Directed by highly skilled professionals distinguished for their exceptional management abilities and invaluable expertise, Alinma Bank confidently embraces the era of open banking envisioned by Vision 2030. Prioritizing digitalization, the Bank integrates transformative technologies across its product and service offerings, ensuring efficiency, agility, and heightened customer satisfaction.
With a firm commitment to governance, Alinma Bank’s framework, systems, and procedures ensure the highest standard of risk management. The Bank’s A- rating from Fitch Ratings and A3 rating from Moody’s reflect its conservative approach to risk, strong capital ratios, solid profitability metrics, and sound funding and liquidity profile, among other factors.
Alinma Bank offers a comprehensive range of Shariahcompliant banking, advisory, and financial services. The Bank operates a network of 108 branches, 1,504 ATMs, and 133,928 POS terminals across all regions of the Kingdom of Saudi Arabia.
Alinma Bank
Alinma Investment Company
(Closed Joint Stock Company)
A principal and agent, undertaking coverage and management, arranging, providing advice, and filing in securities business.
Capital:
SAR 1,000 Mn.
Paid Up:SAR 500 Mn.
Saudi Financial Technology Company
(Closed Joint Stock Company)
Providing digital financial products and services, digital financial platforms, and E-commerce payment services
Capital:
SAR 100 Mn.
Altanweer Real Estate Company
(Limited Liability Company)
Facilitating home financing and holding, on behalf of the Bank, Titles to real-estate owned/pledged as collateral against financing extended by the Bank.
Capital:
SAR 100,000
Alinma Isnad Company
(Limited Liability Company)
Providing outsourced staff to the Bank (customer service, management support, technical support).
Capital:
SAR 500,000
Alinma SPV Ltd
(100% Subsidiary of Alinma Bank)
Managing derivatives and treasury products such as Profit Rate Swap (PRS), REPO, and FX Forward.
Capital:
USD 50,000
