Bank AlJazira Company Description
Bank AlJazira provides a range of Shari’ah compliant banking products and services 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, current, and commodity investment accounts; credit card; real estate, personal, and auto lease finance; money transfer; e-statement; and digital banking through app and online, ATM, and phone, as well as retirement, education, medical, travel, and motor insurance products.
The company also provides direct finance, short-term loans, capital expenditure finance, finance of projects, letters of credit, syndication finance, export letter of financing, dentists and dental clinic, POS, post shipment financing, and secure lending; corporate online, corporate payroll, swift, B2B integration, point of sale merchant, and e-commerce services.
In addition, it offers treasury services, including naqa’a and thrift saving programs, foreign exchange, FX forward, money market, structured products, and hedging solutions; private banking, wealth management, premium services, as well as custodial services, including settlement and clearing of securities and cash, safekeeping of securities and associated cash, reporting, asset servicing, and cash management.
Further, the company provides brokerage services, such as local brokerage, GCC brokerage, international brokerage, wealth management, margin finance, sukuk; asset management services through public mutual funds, discretionary portfolio management services, non-discretionary management agreement, systematic investment plan, and investment risk; and investment banking through initial public offering, right issues, debt capital market services, mergers and acquisitions, and private placement.
The company was incorporated in 1975 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
| Country | Saudi Arabia |
| Founded | 1975 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 2,770 |
| CEO | Naif Al Abdulkareem |
Contact Details
Address: 7724 King Abdulaziz Road Jeddah, 23513-3551 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 |