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Al Rajhi Bank, the world’s largest Islamic bank by capital, has reported a 34 percent increase in net profit for the first quarter of 2025, to SAR5.9 billion ($1.5 billion). The Saudi bank’s ...
Al Rajhi Bank's net profit for the quarter was SAR 5.5 billion, an 8% increase QoQ and an impressive 32% YoY, surpassing MSe by 7% and consensus by 9%. The bank also reported robust loan growth ...
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 5.7 percent rise in its second-quarter net profit on Monday, broadly in line with analyst forecasts.
Al Rajhi Bank, the largest Islamic lender in the world, has raised $1 billion from sale of 5-year sustainable Islamic Bonds or 'sukuk', an arranging bank document showed on Tuesday.
Saudi Arabia's benchmark index, however, gained 0.3%, helped by a 3.3% rise in Al Rajhi Bank after the lender reported an 18.7% surge in its net profit to 19.72 billion riyals ($5.26 billion) for ...