alinma Bank announced that its Board of Directors, at its meeting held on 27 January 2026, resolved to recommend to the Extraordinary General Assembly an increase in the Bank’s capital through the capitalization of part of the statutory reserve and retained earnings. The proposed capital increase will be implemented by granting one bonus share for every five shares held, resulting in the Bank’s capital increasing to SAR 30 billion, representing a 20% increase.
Commenting on the resolution, Dr. Abdulmalek Al-Hoqail, Chairman of the Board of Directors of alinma Bank, stated that the capital increase reflects the Bank’s ongoing approach to strengthening its financial position and supporting its development journey. He emphasized that the decision demonstrates the Board’s confidence in the Bank’s solid financial standing and its ability to continue delivering sustainable growth. He added that this step will enable the Bank to capitalize on future opportunities, expand its operational activities, create added value for shareholders, and support the achievement of the Bank’s strategic objectives over the medium and long term.
It is worth noting that an amount of SAR 5,000 million will be capitalized from the statutory reserve and retained earnings in equal proportions. Eligibility for the bonus shares will be granted to shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the date of the Extraordinary General Assembly, which will be announced at a later date. The bonus share distribution is subject to obtaining the required regulatory approvals and the approval of the Extraordinary General Assembly regarding the capital increase and the number of bonus shares. The Bank has received the no-objection from the Saudi Central Bank to increase the capital on 27 January 2026.