Islamic finance awards 2014: Al Rajhi

Best Islamic bank in Saudi Arabia

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Best Islamic bank in Saudi Arabia

The biggest Islamic bank in the world, with assets of SR273 billion, Al Rajhi is clearly still the heavyweight in Saudi Arabia.

Aside from size, it is performing well too. By the half-year result in 2013, the bank had made SR4.174 billion in net profit year to date, with an 8% year-on-year increase in total shareholder equity to SR37.4 billion and a 15% increase in total assets.

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