Saudi Arabia Banks Directory. In 2007, BAJ witnessed its full conversion into a Shari'ah-compliant institution and simultaneously increased its paid up capital to become SR 3 Billion which came entirely from the Bank's profits. Bank Al-Jazira attracts deposits and offers commercial banking services. Bank Aljazira operates through the following business segments: Personal Banking, Corporate Banking, Treasury, Brokerage & Asset Management, Takaful Ta'wuni, and Others. BAJ commenced its business on Shawwal 16, 1396H (i.e. BAJ is a Joint Stock Company incorporated in the Kingdom of Saudi Arabia and formed pursuant to Royal Decree No. BOX 6277 JEDDAH-21442, SAUDI ARABIASWIFT: BJ … Bank Aljazira Company Profile - Bank AlJazira (BAJ) is a Joint Stock Company incorporated in the Kingdom of Saudi Arabia. July 27, 1976) issued in Jeddah. Basic Information. 4030010523 dated Rajab 29, 1396H (i.e. Credit Ratings, Research and Analysis for the global capital markets. The Bank Al-Jazira brand valuation has featured in 9 brand rankings, including the biggest Saudi Arabia brands and the best Banking brands. BAJ with its consistent endeavors succeeded in turning all its branches in 2002 to operate as per Shari'ah rules and principles. Since then, TT proved itself as a market leader and has been growing fast to satisfy clients' needs. June 21, 1975). Bank … Be the core bankers to our chosen target customers, helping them grow their business and their wealth through: ... AJ’s Viability Rating (VR) is highly influenced by the bank’s limited company profile, but also considers its vulnerable asset quality and weak funding profile… Bank AlJazira, A Saudi Joint Stock Company, Fully paid capital SAR 8,200,000,000, Commercial Registration No: 4030010523, Head office: Jeddah – Saudi Arabia, P.O. BAJ began a restructuring process in 1992 with subsequent increases in capital in 1992 and 1994. The objective of this four-year strategic plan is to transform the bank into a “multi-specialist” Shari'ah compliant bank through a set of identified strategic initiatives and enablers, involving every single business and support line by the end of 2012. The Bank offers lease financing, export financing, foreign exchange services, treasury services, business and … 3226. BAJ was the first banking institution in Saudi Arabia to introduce Takaful Ta'awuni (TT) in 2002 as a full-fledged Shari'ah-compliant alternative solution for the traditional life insurance. BAJ commenced its business on October 9, 1976. AlJazira Capital is a one person Saudi closed joint stock Company owned by Bank Al Jazira operating under the regulatory supervision of the Capital Market Authority, specialized in … AlJazira Online offers a range of new outstanding financial electronic services for Bank AlJazira customers that includes the financial position of the customer, alerts service, defining favorite … Bank AlJazira, A Saudi Joint Stock Company, Fully paid capital SAR 8,200,000,000, Commercial Registration No: 4030010523, Head office: Jeddah – Saudi Arabia, P.O. Bank Al-Jazira attracts deposits and offers commercial banking services. To better serve corporate customers, BAJ has set up Corporate Regional Offices in Riyadh, Jeddah, and Dammam to provide a one-stop service with a dedicated team of experts and a full range of products. Detailed company description & address for Bank Al Jazira. Box 6277 Jeddah 21442, Telephone: +966 12 609 8888 – Fax +966 12 609 8881, National Address: Bank … This is the greatest challenge that any traditional bank can take as it requires mass changes to its infrastructure, offerings, legal environment, staff potentials, corporate values, etc. Through many programs, BAJ successfully promoted family welfare by sponsoring a huge number of productive family projects and cultural events. Box 6277, is recognized as one of the leading Shari'ah compliant fast growing financial institutions in Saudi Arabia, Private Banking and Wealth Management Group, Foreign Exchange Market Awareness (FOREX). A Cayman Islands based company formed to carry out Shariah compliant derivatives and capital market transactions. To ensure compliance with Shari'ah principles, BAJ established a Shari'ah department within its organic structure and formed a Shari'ah Advisory Board (SAB) composed of a number of scholars specialized in Islamic Banking to screen, monitor and endorse Bank's operations and spread-wide the Shari'ah principles throughout the working environment. To be recognized as the best sharia compliant bank in Saudi Arabia, providing sharia compliant products for our chosen business segments. Bank Aljazira (BAJ) is recognized as one of the leading Shari'ah compliant fast growing financial institutions in Saudi Arabia, client-driven and service-oriented Saudi Financial Group which … Bank Aljazira JSC is a Saudi Arabia-based joint stock company engaged in … Its services include personal banking, corporate banking, investment banking, private banking, … HEAD OFFICE,KING ROAD,P.O. Employees. It offers … Bank AlJazira (BAJ) is a Joint Stock Company incorporated in the Kingdom of Saudi Arabia and formed pursuant to Royal Decree number 46/M dated Jumad Al-Thani 12, 1395H (June 21, 1975). Bank Al Jazira Company - Business Profile with Financial and SWOT Analysis provides access to trustworthy data on the company and its performance, presenting an all-around view. In 2009, TT was again awarded the “Life Insurer of the Year” award by the Middle East Insurance (Insurex) for the 3rd consecutive year, adding to the great number of awards the organization has been awarded from various international and local bodies. Based in Jeddah, Company was formed as an SPV to facilitate mortgage financing, and to hold and manage real estate collaterals on behalf of the bank. Bank AlJazira, A Saudi Joint Stock Company, Fully paid capital SAR 8,200,000,000, Commercial Registration No: 4030010523, Head office: Jeddah – Saudi Arabia, P.O. Description Bank Al Jazira Bank Aljazira engages in the provision of Shariah compliant financial and banking services. 46/M dated Jumad Al-Thani 12, 1395H (i.e. Bank Aljazira's … • Offering tailored products and services. Box 6277, is recognized as one of the leading Shari'ah compliant fast growing financial institutions in Saudi Arabia, Private Banking and Wealth Management Group, Foreign Exchange Market Awareness (FOREX). Bank Aljazira Profile Request Company Profile Update. • Be a trusted advisor. Notable among such remarkable achievements was the doubling of BAJ's retail network in 2009 from 24 branches to 94, resulting in attracting new customers and serving the existing ones better through its expansion to new areas throughout the Kingdom. Equity Type. The Personal … Box 6277 Jeddah 21442, Telephone: +966 12 609 8888 – Fax +966 12 609 8881, National Address: Bank … 2008 and 2020 service would be offered to its clients state of the Bank increases! 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