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. The company has more than 2,658 employees
Alinma Bank’s founding shareholders are as follows: The Saudi Arabian Public Investment Fund (PIF), the Saudi Arabian Public Pension Agency (PPA) and the Saudi Arabian General Organization for Social Insurance (GOSI). Together they represent 30% of the bank’s share capital, all with equal shares. The remaining 70% of the bank’s shares were offered for public subscription in April 2008.
Bank activitiesedit
Alinma provides a comprehensive range of Shariah-compliant retail and corporate banking and investment services. The bank serves its clients through a nationwide network of branches and ATMs, as well as through its alternative channels, Alinma Internet, Alinma Phone, Alinma Mobile and the Alinma App for smart devices.
Locationedit
The Alinma head office is located in Al-Anoud Tower on King Fahad Highway in the Saudi capital, Riyadh.
alinma, bank, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, june, 2022, l. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Alinma Bank news newspapers books scholar JSTOR June 2022 Learn how and when to remove this message 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 The company has more than 2 658 employeesAlinma Bank مصرف الإنماءCompany typePrivateTraded asTadawul 1150ISINSA122050HV19 IndustryFinanceFoundedMarch 23 2006 18 years ago March 23 2006 HeadquartersRiyadh Saudi ArabiaKey peopleAbdulmalek bin Abdullah bin Hamad Al Hogail ChairmanProductsIslamic financial servicesTotal assets131 839 441 000 Saudi riyal 2019 OwnerPublic Investment Fund 10 General Organization for Social Insurance 10 Public Pension Agency 10 public shares 70 Number of employees2 658 2018 Websitewww alinma com Contents 1 Ownership structure 2 Bank activities 3 Location 4 See also 5 External linksOwnership structure editAlinma Bank s founding shareholders are as follows The Saudi Arabian Public Investment Fund PIF the Saudi Arabian Public Pension Agency PPA and the Saudi Arabian General Organization for Social Insurance GOSI Together they represent 30 of the bank s share capital all with equal shares The remaining 70 of the bank s shares were offered for public subscription in April 2008 Bank activities editAlinma provides a comprehensive range of Shariah compliant retail and corporate banking and investment services The bank serves its clients through a nationwide network of branches and ATMs as well as through its alternative channels Alinma Internet Alinma Phone Alinma Mobile and the Alinma App for smart devices Location editThe Alinma head office is located in Al Anoud Tower on King Fahad Highway in the Saudi capital Riyadh See also edit nbsp Saudi Arabia portal nbsp Banks portal List of banks in Saudi ArabiaExternal links edit موقع مصرف الإنماء المملكة العربية السعودية Alinma Bank website Saudi Arabia Alinma Bank s info on Bloomberg com Alinma Bank Reaches 1000th ATM Milestone Alinma Self Service Banking Retrieved from https en wikipedia org w index php title Alinma Bank amp oldid 1216052790, wikipedia, wiki, book, books, library,
