Bank AlJazira Company Description

Bank AlJazira provides a range of Shari’ah compliant banking products and services for individuals, corporates, small to medium sized businesses, and institutions in the Kingdom of Saudi Arabia.

The company operates through Personal Banking, Corporate Banking, Treasury, Brokerage and Asset Management, and Others segments.

It offers saving and current accounts; real estate and personal financing services, as well as auto lease; safety deposits; money transfer; e-statement; investment products; and digital, ladies, and e-banking services, as well as retirement, education and marriage, medical, travel, and motor insurance products.

The company provides direct finance, short-term loans, capital expenditure finance, finance of projects’/contracts’ extracts, letters of credit/refinance, and syndication finance; secure lending and post shipment financing, as well as trade services for letter of guarantees, letter of credit, and collection documents; and POS financing and dentistry and dental clinic finance; remittances, Hajj Drafts, account maintenance, payments, foreign exchange, letters of guarantees and SR remittances, and bilateral and direct financing, as well as services for the public sector.

In addition, it offers investment banking services comprising brokerage and asset management services, as well as corporate investment banking services through initial public offerings, private placement, capital increase, and underwriting, as well as cash management and corporate payroll services.

Further, the company provides ATM and credit cards, safe deposit lockers, trading commission, foreign currency exchange, short term deposits, and structured products; wealth management services; and treasury services, including naqa’a and thrift saving programs, foreign exchange, FX forward, money market, structured products, and hedging solutions, as well as margin financing services.

The company was incorporated in 1975 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

Bank AlJazira

Country	Saudi Arabia
Founded	1975
Industry	Banks - Regional
Sector	Financials
Employees	2,575
CEO	Naif Al Abdulkareem

Contact Details

Address: 7724 King Abdulaziz Road Jeddah, 21442 Saudi Arabia
Phone	966 12 609 8888
Website	bankaljazira.com

Stock Details

Ticker Symbol	1020
Exchange	Saudi Stock Exchange
Fiscal Year	January - December
Reporting Currency	SAR
ISIN Number	SA0007879055
SIC Code	6020

Key Executives

Name	Position
Naif Al Abdulkareem	Chief Executive Officer
Hani bin Noori	Chief Financial Officer
Ibrahim Al-Omar	Chief Operating Officer