Islamic finance awards: Best Islamic bank in the Middle East

Al Rajhi’s dominance in the Middle East continues; it is the most successful bank in the most important market in the region. To the end of the third quarter of 2010 (the most recently published numbers), Al Rajhi remained the most profitable bank in Saudi Arabia, with profits of SR5.1 billion ($1.4 billion), well ahead of its nearest rivals, NCB (SR3.5 billion), Samba (SR3.5 billion) and HSBC affiliate SABB (SR1.5 billion).