Download PDF
Market: Tadawul Symbol: 1120 ISIN: SA0007879113 Industry: Banks

Founded in 1957, Al Rajhi Bank is one of the largest Islamic banks in the world by total assets. 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, the Sharia compliant banking group is instrumental in bridging the gap between modern financial demands and intrinsic values, whilst spearheading numerous industry standards and development.
With an established base in Riyadh, Saudi Arabia, Al Rajhi Bank has the largest network of branches and largest customer base of any bank in the Kingdom, The first men's branch was opened in Aldirah in 1957, with the first ladies branch being opened in AlShmaisi in 1979.

Share data 06/07/2020
Currency SAR Volume 4,957,325
Previous Close 58.00 Number of Shares mn 1,500.00
Change (%) 0.00 Market Cap mn 87,000.00
Key Figures (millions) 2017 2018 2019
Income Statement      
Total operating income 15,905 17,320 19,484
Net income for the year 9,121 3,768 10,159
Basic and diluted earnings per share (SAR) 5.61 1.51 4.06
Balance Sheet      
Total assets 343,117 364,031 384,087
Total shareholders’ equity 55,751 48,306 51,192
Total liabilities 287,366 315,725 332,895
Cash Flow      
Net cash from operating activities 7,562 14,370 7,076
Net cash (used in) / from investing activities (4,010) (8,282) (5,186)
Net cash from / (used in) financing activities (5,014) (7,524) (10,565)
Cash and cash equivalents at the end of the year 31,222 29,787 21,111
Capital Adequacy Ratio      
Tier I ratio (%) 22.20 18.98 18.80
Tier I and II ratio (%) 23.29 20.07 19.87