Mobile banking

In the fast-paced world of finance, Al Rajhi Bank stands as a beacon of excellence, consistently delivering innovative products and services tailored to meet the unique daily banking requirements of its valued customers. With a deep understanding of the diverse needs of its clientele, Al Rajhi Bank has established itself as a trusted partner in the realm of Islamic banking, offering a wide range of solutions that empower individuals and families to achieve their financial goals. One of the key features that sets Al Rajhi Bank apart is the convenience it offers through its digital platforms, allowing customers to open account online Al Rajhi Bank with ease. This seamless process ensures that customers can embark on their financial journey with Al Rajhi Bank from the comfort of their own homes, making banking more accessible than ever before.

Family Account: Cultivating Financial Responsibility

Al Rajhi Bank’s promotion of financial responsibility extends to the youngest members of society. The Family Account service allows parents to open current accounts for their children aged birth to 15 years with limited privileges through the Al Rajhi Bank app. This innovative feature not only promotes financial literacy from an early age, but also allows parents to instill in their children the values ​​of saving and smart money management. By providing a secure and convenient platform, Al Rajhi Bank empowers families to build a strong foundation for their children’s financial future.

Various savings solutions to suit every need

Recognizing the importance of savings in building a stable financial future, Al Rajhi Bank offers a comprehensive range of savings accounts that meet the diverse needs of its customers. The Awaad account is an investment product designed to help clients achieve their short to medium term financial goals with minimal risk. The Hasad account, on the other hand, is a Mudarabah-oriented savings account that combines the flexibility of withdrawals and deposits with the principles of Islamic Shariah. For those who want to plan for the long term, the Future Account allows customers to set a monthly savings amount that is automatically deducted from their checking account. These diverse savings solutions demonstrate Al Rajhi Bank’s commitment to providing its customers with the opportunity to save, invest and grow their wealth in accordance with their unique financial aspirations.

Million Dollar Bill: Reward your savings with exciting prizes

Al Rajhi Bank is taking savings to the next level with its Million Account, a savings account that not only allows customers to save money but also offers the opportunity to win significant prizes and rewards. By depositing a minimum of SAR 1,000, customers are entered into a draw that could potentially change their lives. This innovative approach to savings not only encourages customers to prioritize their financial well-being, but also adds an element of excitement and anticipation to the banking experience. The Million Account exemplifies Al Rajhi Bank’s commitment to creating value for its customers and rewarding their desire to save.

A Legacy of Excellence: The Al Rajhi Bank Journey

With a rich history dating back to 1957, Al Rajhi Bank has established itself as a leading financial institution not only in Saudi Arabia but also on the global stage. As one of the largest banks in the world by market capitalization and the largest in the Middle East and Saudi Arabia, Al Rajhi Bank boasts an impressive asset base of SAR 801 billion and paid-up capital of SAR 40 billion (USD 10.66 billion). ). The bank’s extensive network of over 511 branches, over 4,603 ATMs and over 585,000 retail outlets, as well as a dedicated workforce of over 20,000 employees, ensures customers have easy access to its services throughout the Kingdom. This robust infrastructure, coupled with Al Rajhi Bank’s unwavering commitment to Islamic banking principles and a customer-centric approach, has strengthened its position as a trusted financial partner for both individuals and businesses.

Al-Rajhi Bank by 14262 crunchbase.

In conclusion, Al Rajhi Bank’s unwavering commitment to providing innovative banking solutions that exceed customer expectations has positioned it as a leader in the Islamic banking industry. Offering a wide range of products and services, from a Family Account that instills financial responsibility in children, to a variety of savings solutions to suit every need, Al Rajhi Bank empowers its customers to take control of their financial future. With over 60 years of excellence and a strong presence in Saudi Arabia and beyond, Al Rajhi Bank continues to set the standard for customer-centric banking. As you embark on your financial journey, choose Al Rajhi Bank as your trusted partner and experience the difference that innovative banking solutions can make in the world.

Unlock the power of seamless banking at your fingertips with the Al Rajhi Bank mobile app. With just a few taps, you can access a world of innovative financial solutions designed to simplify your life and help you achieve your goals. From managing your accounts and transferring funds to exploring exciting savings opportunities and participating in rewarding programs, the Al Rajhi Bank app is your gateway to a new era of banking convenience. Don’t miss out on this transformative experience – download the Al Rajhi Bank app today and embark on a journey of financial empowerment. Visit Android for Android devices or for iOS devices to get started now!

The conglomerate’s activities in other areas

In the heart of Saudi Arabia’s thriving business landscape, one name stands out as a symbol of success, innovation, and unwavering commitment to excellence: AlRajhi Invest. Established in 1430 AH by the visionary Sheikh Abdullah bin Abdulaziz AlRajhi, this remarkable holding company has become a driving force behind the kingdom’s economic growth and diversification. With a rich history spanning over four decades, AlRajhi Invest has consistently demonstrated its ability to seize opportunities, overcome challenges, and set new standards in various industries. Today, we invite you to embark on a captivating journey through the annals of AlRajhi Invest’s achievements and discover how this extraordinary entity continues to shape the future of Saudi Arabia’s business landscape.

Pioneering Local and Foreign Investments:

At the core of AlRajhi Invest’s mission lies a relentless pursuit of pioneering investments, both within Saudi Arabia and beyond its borders. The company’s strategic approach to identifying and capitalizing on lucrative opportunities has been instrumental in its success. By carefully analyzing market trends, leveraging its extensive network, and harnessing the expertise of its talented team, AlRajhi Invest has consistently positioned itself at the forefront of various industries. From real estate development to industrial ventures, the company’s portfolio reflects a diverse range of investments that have contributed significantly to the kingdom’s economic landscape.

The Rise of the Industrial Group

One of the most remarkable chapters in AlRajhi Invest’s history is the establishment of its Industrial Group. With the approval of the Saudi government, the Industrial Group was formed over 40 years ago to operate in Riyadh, the capital city. This strategic move aligned perfectly with the state’s policy of expanding the economic base, diversifying national income streams, and empowering the private sector to play a pivotal role in driving economic development. Under the visionary leadership of Sheikh Abdullah bin Abdulaziz AlRajhi, the Industrial Group embarked on a transformative journey that would redefine the manufacturing sector in Saudi Arabia.

Real Estate

Transforming the Real Estate Landscape:
In 1399 AH, AlRajhi Real Estate Group emerged as a pioneering force in Saudi Arabia’s real estate development sector. With a keen understanding of the market’s dynamics and a vision for excellence, the group achieved remarkable success in managing and developing real estate projects across several cities in the kingdom. From commercial properties to residential developments, AlRajhi Real Estate Group’s diverse portfolio showcased its ability to anticipate and meet the evolving needs of the market. By embracing innovation, leveraging cutting-edge technologies, and adhering to the highest standards of quality, the group set new benchmarks for real estate development in Saudi Arabia.

Abdallah Abdulaziz AlRajhi

In the realm of Saudi Arabian business, one name stands out as a symbol of entrepreneurial spirit, visionary leadership, and unwavering dedication to excellence: Abdullah Abdulaziz Al-Rajhi. Born in 1928, Al-Rajhi embarked on a remarkable journey that would transform the landscape of his nation’s economy and leave an indelible mark on the world of finance. This article delves into the life and legacy of this extraordinary individual, highlighting his role as the founder of Abdullah Abdulaziz Al Rajhi and Sons Holding Company, better known as AlRajhi Invest.

The Birth of a Vision:

Abdullah Abdulaziz Al-Rajhi’s vision was born out of a desire to streamline and consolidate the various business activities that existed during his time. With a keen eye for opportunity and a deep understanding of the power of unity, Al-Rajhi set out to create a single entity that would manage and carry out these activities under one leadership. Thus, the idea of AlRajhi Invest was born – a closed joint stock company that would become a driving force in Saudi Arabia’s economic landscape.

Country of Registration and Legal Entity

AlRajhi Invest is proudly registered in the Kingdom of Saudi Arabia, with its headquarters located in the vibrant city of Riyadh. As a closed joint stock company, it operates within a well-defined legal framework, adhering to the highest standards of corporate governance and compliance. This solid foundation has been instrumental in the company’s success and has enabled it to navigate the complexities of the business world with confidence and integrity.

April 30, 2024

1 Comment
  1. Vasilii Zakharov 2 months ago

    As Saudi Arabia continues to diversify its economy and develop its financial markets, AlRajhi Invest is well positioned to play a leading role in the kingdom’s future growth. The company’s legacy of success, commitment to innovation and focus on sustainable development make it an attractive partner for investors seeking to capitalize on the opportunities presented by the Saudi Arabian market.

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