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Bank Aljazira JSC (Saudi Arabia)

Main Activities: Commercial Banking | Securities and Commodity Contracts Intermediation and Brokerage
Full name: Bank Aljazira JSC Profile Updated: October 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Bank Aljazira was established in 1975 and in 1998 its management took a strategic decision to convert the Bank from conventional banking into Shari'ah compliant banking. It provides banking services and solutions in compliance with Islamic Shari'ah. The Bank operates in three segments: Personal Banking offers visa cards, telephone banking, utility payments, current accounts, automatic teller machines and safe deposit boxes; Business Banking includes corporate and commercial banking, financial institutions and syndicates, trade finance, treasury and Islamic funding services, and Investment Banking deals with financial management, investment funds, international and local stock brokerage, and Islamic investment. Bank Aljazeera's Takaful Ta'awni Program (Islamic life insurance), consists of individual products; retirement, term protection and a waqf charitable donation savings plan, as well as some corporate group plans for term and credit protection

Headquarters
Nahda District, Malik Street, P.O Box 6277
Jeddah; Mecca Region; Postal Code: 21442

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Website: http://www.baj.com.sa

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1976
Key Executives
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Senior Vice President
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Senior Vice President
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Senior Vice President
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Senior Vice President
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Chairperson
Ownership Details
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Subsidiaries
Al Jazira Securities Limited (United Kingdom)
100%
Aljazira Capital Company
100%
Aman Development And Real Estate Investment Company
100%
Company Performance
Financial values in the chart are available after Bank Aljazira JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net interest income
59.99%
Operating profit (EBIT)
36.94%
Net Profit (Loss) for the Period
-8.03%
Total assets
11.83%
Total equity
20.62%
Total Assets Trend
-0.83%
Net Interest Income Trend
30.94%

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