Bank Al-Jazira (1020)

Profile

https://www.bankaljazira.com

Bank Aljazira is a Saudi joint stock bank that provides Shariah-compliant banking products and services. Headquartered in Jeddah and founded in 1975, the bank focuses on Islamic finance solutions across multiple customer segments. Its personal banking division offers current and savings accounts, Islamic financing for homes, cars, and personal needs, as well as credit cards and investment products tailored to individuals. The corporate banking segment serves large companies, SMEs, and institutions with structured financing, working capital facilities, deposits, and trade finance solutions designed under Shariah principles. Through its treasury operations, Bank Aljazira manages liquidity, foreign exchange, and money market activities for the bank and its clients. The brokerage and asset management unit provides securities trading, portfolio management, and Shariah-compliant investment funds. Within the Saudi financial system, Bank Aljazira plays a role in supporting retail and corporate financing, capital markets participation, and the development of Islamic banking offerings.