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Bank Albilad Sjsc
SAU:1140

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Bank Albilad Sjsc
SAU:1140
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Price: 37.15 SAR -1.33% Market Closed
Market Cap: 46.4B SAR
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Bank Albilad Sjsc
Investor Relations

In a landscape defined by cultural heritage and financial innovation, Bank Albilad SJSC emerges as a dynamic entity in Saudi Arabia's banking sector. Established in 2004, the bank has steadily crafted a reputation rooted in Shariah-compliant banking, tapping into a consumer base that values the congruence of finance with Islamic principles. Unlike conventional banks, Bank Albilad's operations are meticulously aligned with Shariah guidelines, ensuring its offerings are devoid of interest-based activities. Instead, it employs modes such as Murabaha, Ijara, and Mudarabah, which facilitate asset-backed financing and profit-sharing models. This adherence not only attracts a loyal customer base but positions the bank as a linchpin in the region's Islamic finance ecosystem.

Bank Albilad's business model thrives on a diversified revenue approach, balancing its role between retail and commercial banking services. On the retail front, it provides products ranging from personal and automotive financing to real estate solutions, each tailored to meet Shariah compliance while serving the everyday financial needs of individuals. Concurrently, its commercial and corporate banking division caters to the small and medium enterprise sector, offering tailored financial solutions that include trade finance, treasury services, and corporate facilities. By maintaining a strong digital presence and continuously investing in technology, Bank Albilad successfully enhances customer experience, operational efficiency, and financial performance. Through these strategic layers, the bank sustains its profitability and growth in an increasingly competitive financial landscape, making it a formidable player in the region.

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Management

Contacts

Address
RIYADH
Riyadh
P . O Box 140
Contacts
+966114798888
www.bankalbilad.com