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Al Rajhi Capital is the investment banking arm of Al Rajhi Bank. By the end of 2020, Al Rajhi Capital had $13.3 billion in assets under management, an increase of 19% compared to 2019. Its profits ...
Al Rajhi Bank is based in Riyadh and is a major investor in the Kingdom’s business markets. Originally founded as a joint stock company in 1987, Al Rahji is today the world’s largest Islamic bank with ...
Riyadh-based Al Rajhi Capital has trimmed Saudi Arabian Oil Co.’s target price to 31 riyals ($8.26) per share from SAR 33 earlier, implying a 19.5% upside on the current traded price. The brokerage ...
The bank’s subsidiaries include investment bank Al Rajhi Capital, insurance broker Al Rajhi Takaful Agency, and microfinance company Emkan Finance. Waleed Abdullah Al-Mogbel became CEO of Al Rajhi ...