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Alinma Bank (Arabic: مصرف الإنماء) is a Saudi joint stock company formed in accordance with Royal Decree No. M/15 dated 28 March 2006 and Ministerial Resolution No. 42 dated 27 March 2007. The bank was established with share capital of SAR 20 billion, consisting of 1.5 billion shares with a nominal value of SAR 10 per share.
In Saudi Arabia, a total of 37 banks are currently licensed by the Saudi Central Bank (SAMA): [1] [2] 11 local banks, [2] 23 branches of foreign banks, and 3 digital banks. [ 1 ] Local Banks
Bank Name (Arabic) Bank Logos 1: Alinma Bank: مصرف الإنماء 2: Al-Rajhi Bank: مصرف الراجحي 3: Arab National Bank (ANB) البنك العربي الوطني 4: Bank AlBilad: بنك البلاد 5: Bank Aljazira: بنك الجزيرة 6: Banque Saudi Fransi (BSF) البنك السعودي الفرنسي 7: Meem, Gulf ...
Bank, formerly Saudi Hollandi Bank P A Alinma Bank: Financials Banks Riyadh: 2006 Bank P A Almarai: Consumer goods Food products Riyadh: 1977 Dairy P A Al-Muhaidib: Conglomerates - Dammam: 1946 Food, retail, industrials, financials, energy P A Al-Rajhi Bank: Financials Banks Riyadh: 1957 Islamic bank P A Arab National Bank: Financials Banks ...
Al Jazeera Bank; Al-Bilad Bank; Alinma Bank; According to scholar of international finance, Ibrahim Warde, the two largest Islamic banking groups, Dar al-Maal al-Islami and al-Baraka Bank, have not been able to obtain licenses to operate commercial banks in Saudi Arabia, despite the fact that they are both owned by prominent Saudis. In 1985 ...
The Pacific Legal Foundation, a libertarian public interest law firm, represented the property owners in the case, and has provided its pro bono counsel to a number of victories against the ...
Year Closing level Change in index in points Change in index in % 2001 2,430.11 2002 2,518.08 87.97 3.62 2003 4,437.58 1,919.50 76.23 2004 8,206.23
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