Investment case
Committed to excellence and sustainable growth

As one of the Kingdom’s foremost financial institutions on the rise, Alinma Bank presents a compelling investment case built on 4 foundational pillars. Each pillar embodies the Bank’s strategic vision, operational excellence, and commitment to sustainable growth, in full alignment with the broader economic goals of the Kingdom of Saudi Arabia and the Bank’s commitment to value creation for its Shareholders and all its Stakeholders.

  • “Alinma Bank stands as a significant financial institution within the Kingdom of Saudi Arabia, boasting a robust presence in the country’s banking landscape. Established in 2006 as a Shariah-compliant institution, it swiftly emerged as a key player in the banking sector, upholding principles that align with Shariah-compliance. The Bank has strategically expanded its reach, operating via an extensive network of branches and ATMs across Saudi Arabia, ensuring accessibility for its growing clientele. The Bank has nurtured strong ties with government entities, corporate partners, and retail clients enabling the provision of a diverse array of financial services that cater to the varied needs of its customers.”

    Key achievements

    • Won the Leading Islamic Bank of KSA 2023 award at the Future Banks Awards KSA 2023.

    • Won the Best Islamic Bank 2023 award at the Global Islamic Finance Awards 2023.

    • Won Best Islamic Credit Cards Range in Saudi Arabia 2023 award at the esteemed Islamic Retail Banking Awards (IRBA).

    • Won Syndicated Loan Deal of the Year, Project Finance Deal of the Year, Infrastructure Finance Deal of the Year, and Natural Resources Deal of the Year by The Capital Markets & ESG Finance.

  • “In 2021, Alinma Bank rolled out its ambitious 5-year Strategic plan anchored to 3 primary goals that reflect the Bank’s envisioned positioning by the year 2025; to be recognized and celebrated as the fastest and most convenient bank in the Kingdom, to obtain the top Net Promoter Score (NPS) in the rapidly evolving Saudi banking sector, and to be the leading employer of choice across KSA banks in a booming and highly competitive job market. The Bank’s 2021-2025 Strategy is in sync with Saudi Vision 2030, the comprehensive reform plan driving Saudi Arabia’s global integration. Alinma Bank aligns its goals with this vision, aiming to boost SMEs and the private sector’s role in the GDP, enhance women’s economic involvement, reduce unemployment, encourage homeownership, elevate household savings, and expedite the shift to a cashless society. As a leading digitally-driven bank in the Kingdom, it capitalizes on growth opportunities presented by this transformative agenda.”

    Strategic ambitions

    Bank-wide

    • Build Digital Factory to scale customer experience and operational excellence across the Bank
    • Foster data-driven decision-making with latest analytics capabilities
    • Cultural transformation to attract and retain the best talent in the KSA

    Corporate

    • Become the core bank for large, mid-corporate, and project finance partners across diversified sectors
    • Develop a high quality and growing SME proposition
    • Grow Cash Management and Trade Finance business

    Retail

    • Build digitally-savvy affluent and HNW customer franchise
    • Grow the digitally-savvy youth customer franchise
    • Offer the best customer experience and operational excellence

    Treasury

    • Become core partner for corporate clients for their hedging and investment needs
    • Grow FI customer franchise with dedicated coverage
    • Maintain and evolve high quality ALM function

  • “Consistent success in generating profits and delivering returns to Shareholders is backed by a solid capital position, healthy liquidity, and a stable deposit base. This strong foundation allows us to meet customer needs effectively while ensuring sustainable returns for Shareholders.”

    Key ratios

    Financing growth

    +18.5%

    Deposits growth

    +29%

    CAR

    17.5%

    LCR

    147%

    NSFR

    108.8%

    ROE

    17.2%

    ROA

    2.2%

  • “Alinma Bank’s initial stride toward achieving full transparency and comprehensive reporting encompasses all significant aspects, offering investors and Stakeholders a complete view of sustainability credentials and advancements. This approach involves utilizing the Materiality Matrix methodology to pinpoint the Environmental, Social, and Governance facets crucial to both the Bank and its Stakeholders.”

    Key accomplishments

    • One of the largest financial institutions acknowledged Alinma Bank as the leader of disclosure on ESG in the Kingdom and fourth in the Middle East and North Africa

    • Released first Sustainability Report in 2023