Al Rajhi Bank, established in 1957 and headquartered in Riyadh, Saudi Arabia, serves as one of the largest Islamic banks globally, focusing on Sharia-compliant financial products. The bank offers a diverse range of services including personal finance, corporate banking, investment services, and treasury operations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RJHIAB 4.75% 2028-04-05 USDAl Rajhi Bank | Saudi Arabia | 2028-04-05 | 4.750 | 4.35 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Al Rajhi Bank commenced its bond issuance in 2007, marking a significant step in its funding strategy. Notably, the bank issued a $1 billion Sukuk in 2017 to bolster its capital base, which attracted substantial investor interest due to its favorable risk-adjusted returns. As of 2023, Al Rajhi's bonds are yielding competitive returns compared to the industry standard, underscoring the bank's strong credit profile and solid market reputation.