Al Rajhi Banking and Investment Corp.

Overview

Established in 1957, Al Rajhi Banking and Investment Corp. is one of the largest banks in the world by market capitalization and the largest in the Middle East and Saudi Arabia. The bank operates through four main segments: Retail, Corporate, Treasury, and Investment Services, Brokerage, and Other. It offers a comprehensive range of services, including current and savings accounts, personal and auto financing, credit and prepaid cards, insurance products, and investment services such as mutual funds and share trading. With total assets exceeding 1,043 billion SAR and a customer base of over 19 million, Al Rajhi Bank has a significant presence in the financial sector. The bank's investment strategy focuses on a diversified portfolio across various asset classes, including fixed income, private equity, real estate, and venture capital. It engages in investments at different stages, from growth and late-stage to pre-IPO, buyout, turnaround, and distressed situations. Geographically, Al Rajhi Bank has a broad focus, with investments spanning Saudi Arabia, the United States, United Kingdom, Germany, France, China, India, Japan, South Korea, Australia, Canada, Brazil, South Africa, Russia, Mexico, Indonesia, Turkey, Argentina, Egypt, and Nigeria. The bank's industry focus encompasses financial services, technology, healthcare, real estate, energy, consumer goods, telecommunications, utilities, materials, industrials, consumer services, basic materials, consumer non-durables, transportation, and media. Al Rajhi Bank's investment philosophy emphasizes Sharia-compliant practices, ensuring that all transactions adhere to Islamic principles. The bank's governance framework includes a dedicated Shariah Group responsible for overseeing compliance across products, services, and operations. This commitment to ethical and transparent practices has established Al Rajhi Bank as a trusted leader in delivering innovative financial solutions that enhance the quality of life for its customers.

Investment Focus

• Sharia-compliant investments
• Diversified portfolio across asset classes and geographies
• Focus on ethical and transparent practices

Portfolio Companies