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Bank AlJazira SJSC 1020.SR · SAR

Financials · Tadawul · 🇸🇦 Saudi Arabia

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10.89

+2.06%

Close of 9 Nov 2026, in SAR

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About Bank AlJazira SJSC

Its shares trade on Tadawul under the ticker 1020.SR. It has been listed since 10 January 1999. In the fiscal year to 31 December 2024, it reported revenue before interest expense of SAR 9.63bn and net income of SAR 1.04bn. At that date it held total assets of SAR 148.91bn and shareholders' equity of SAR 17.20bn.

Bank Aljazira engages in the provision of Shariah compliant financial and banking services. The firm is engaged into six segments: Personal banking segment covers deposit, credit and investment products for individuals; Corporate banking segment provides loans, deposits and other credit products for corporate, small to medium sized business and institutional customers; Treasury segment includes money market, foreign exchange, trading and treasury services; Brokerage and asset management segment provides shares brokerage services to customers; Takaful Taawuni segment provides protection and saving products services; and Others segment include investment in associate, inter segment income and expense eliminations and gain on sale of other real estate.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Banks
Listed since
10 Jan 1999
Employees
3,188

Leadership

Pay as last reported

  • Eng. Abdulmajeed bin Ibrahim AlsultanNon-Executive Chairman of the BoardSAR 495,000
  • Mr. Naif bin Abdulkareem Al-AbdulkareemChief Executive Officer, Managing Director, Executive director, since 2020SAR 500,000
  • Mr. Mohammed Bin Saad BindawoodNon-Executive Vice Chairman of the BoardSAR 500,000
  • Mr. Hani S. NooriChief Financial Officer, Senior Vice President
  • Mr. Ibrahim A. Al OmarChief Operating Officer, Senior Vice President
  • Mr. Hamad I. Al-EssaSenior Vice President, Chief Compliance & Anti Financial Officer
  • Mr. Osama K. Al-IbrahimSenior Vice President, Chief Risk Officer
  • Dr. Fahad A. Al-ElayanSenior Vice President, Head of Shariah, Sustainability & Social Responsibility Group, since 2023
  • Mr. Faisal M. Al-MansourSenior Vice President, Head of Human Capital Group
  • Mr. Sami J. Al-MehaidSenior Vice President, Head of Corporate and Institutional Banking Group
  • Mr. Mohammed Al-MousaSenior Vice President, Head of Retail Banking Group
  • Mr. Sultan S. Al-QahtaniSenior Vice President, Board Secretary & Head of Corporate Governance Group

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
30
Environment
22
Social
32
Governance
35
Women in the workforce
13.36224%
Carbon reduction policy
Yes
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Bank AlJazira SJSC serves 3188 employees providing Shariah compliant banking services in Jeddah, Saudi Arabia.
  • The Personal banking segment offers deposit, credit, and investment products for individuals across Saudi Arabia.
  • Corporate banking segment supports SMEs and institutional clients with tailored financial solutions in the Saudi market.

Weaknesses

  • Bank AlJazira SJSC has been listed since 10 January 1999, indicating a long-standing but possibly outdated business model.
  • The Treasury segment's focus on money market and foreign exchange may limit diversification in volatile markets.
  • Takaful Taawuni segment's protection and saving products face competition from established insurance providers in Saudi Arabia.

Opportunities

  • Expanding the Brokerage and asset management segment could leverage Saudi Arabia's growing capital markets.
  • The Corporate banking segment can target more SMEs in Saudi Arabia's expanding economy.
  • Increasing investment in associate companies within the Others segment may boost profitability.

Threats

  • Regulatory changes in Saudi Arabia's Financials sector could impact Shariah compliant banking operations.
  • Economic downturns in Saudi Arabia might reduce demand for corporate loans and investments.
  • Competition from other banks in the Saudi Financials sector may erode market share.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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