Alinma Bank – Introduction and background |
Alinma Bank is a Saudi bank, founded by royal decree in 2006. The bank specialises in Islamic finance solutions within commercial banking.
Alinma has established itself as a major commercial bank within the Kingdom of Saudi Arabia, with over 2 million customers and almost $1.3 billion in net profits for 2023. The bank specialises in providing retail and commercial banking to individuals, SMEs and corporates, and is a national leader in digitisation. The corporate division is responsible for the lion’s share of revenue and profit, with the bank entirely focused on the Saudi market.
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