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Bank Aljazira (BAJ) is a financial institution in Saudi Arabia, founded in 1975 and headquartered in Jeddah. The company is a client-driven and service-oriented Saudi Financial Group that provides individuals, businesses, and institutions with innovative Shari'ah-compliant financial services. The company focuses on Mid-Market and SMEs backed by Kafalah and Monsha’at programs. BAJ continued its community service programs (through Khair AlJazira le Ahl AlJazira) implementing quality projects that aimed to meet the community’s needs in the Kingdom. Almost 100 community projects were implemented in 37 cities, regions, and centers. To CEO and Managing Director Statement 15 at least 24,111 youths benefited under the Khair AlJazira program in 2021 in different cities and regions.
| Company Name | Bank Al Jazira |
|---|---|
| Industry | Financial Services |
| HQ Address | Jeddah, Saudi Arabia |
| Revenue | SAR 3,547 million [2021] |
| Employee Size | 3177 |
| Company Type | Public |
| Fiscal Year-End | December 31st |
| Website | www.bankaljazira.com |
| Subsidiaries | AlJazira Capital Company (Closed Joint-Stock Company), Aman Development and Real Estate Investment Company, Aman Insurance Agency Company (Limited Liability Co.), AlJazira Securities Limited, BAJ Sukuk Tier 1 Limited (Limited Liability Co.). |
| Locations | 75 [2023] |
| Competitors | Anb, AI Rajhi Bank, and SABB |
| Recognition & Awards | Most Innovative E-Banking Platform, Contact Center World Awards, Excellence Award in Syndicated Financing, Most Innovative Islamic Bank. |
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