Bank Aljazira (Saudi Arabia)

Overview

Bank Aljazira (Saudi Arabia) is Saudi Islamic commercial bank + Tadawul: 1020 + #24 Forbes Middle East 30 Most Valuable Banks 2025 + National Bank of Pakistan partial ownership pre-1992 + Saudi government acquisition [1, sa-cro].

History

1975 — Bank Aljazira founded as Saudi commercial bank by Saudi government acquisition + National Bank of Pakistan partial ownership pre-1992.

1992 — National Bank of Pakistan Saudi Aljazira divestment + Saudi private + Saudi government ownership consolidation.

2010s — Bank Aljazira Sharia-compliant Islamic banking transition.

2014 — Bank Aljazira Mobile Banking app launch distinctive Saudi Islamic mobile banking strategy.

Ownership & operator

Operating entity: Bank Aljazira (Tadawul: 1020; Saudi Islamic commercial bank).

Major shareholders: Saudi public investment fund PIF + General Organization for Social Insurance GOSI + Saudi retail + institutional + foreign investors.

Regulators: SAMA (Saudi Central Bank) + Sharia Board.

Technical integration

Bank Aljazira mobile banking app (iOS + Android) + bankaljazira.com online + Bank Aljazira branch network across Saudi Arabia + Bank Aljazira Visa + Mastercard + mada cards; mada + SARIE + SPI.

Implementations & partners

Major Saudi banking + Islamic banking competitors: [[saudi-national-bank]] (Saudi National Bank SNB; Tadawul: 1180; Saudi Arabia's largest commercial bank by assets) + [[al-rajhi-bank]] (Al Rajhi Bank; Tadawul: 1120; Saudi Arabia's largest Islamic bank by assets) + [[bank-albilad]] (Bank Albilad; Tadawul: 1140; Saudi Islamic banking + 680% surge in open-banking transactions + BaaS APIs) + [[alinma]] (Alinma Bank; Tadawul: 1150; Saudi Islamic banking) + [[saudi-investment-bank]] (Saudi Investment Bank; Tadawul: 1030; Saudi commercial bank) + [[saudi-awwal-bank]] (Saudi Awwal Bank SAB; Tadawul: 1060; HSBC ~31%) + [[riyad-bank]] (Riyad Bank; Tadawul: 1010) + [[banque-saudi-fransi]] (Banque Saudi Fransi BSF; Tadawul: 1050; Credit Agricole ~31.1%) + stc-pay (STC Pay; Saudi Telecom Company STC subsidiary).

Regulators: SAMA + Sharia Board.

Status

Active, Saudi Islamic commercial bank + Tadawul:1020 + #24 Forbes Middle East 30 Most Valuable Banks 2025 [1, 2].

Sources

• 1 Bank Aljazira — official
• 2 Bank Aljazira — Wikipedia
• sa-cro In-corpus: reports/countries/SA-saudi-arabia.md

Source

Biography extracted from bank-aljazira.md. See matrix.md for standards-support matrix if present.