Bank AlBilad

What Bank AlBilad does

Bank AlBilad is a Saudi Arabian Islamic bank, publicly listed on the Tadawul (Saudi Exchange) under ticker 1140, established in 2004 under Royal Decree and supervised by the Saudi Central Bank (SAMA). It operates 108 branches across Saudi Arabia and serves three primary customer segments: retail individuals (government and private sector employees, retirees, freelancers), corporate/companies, and SMEs. The bank employs between 1,001 and 5,000 staff and is headquartered in Riyadh.

The bank's product platform spans deposit accounts (current, savings, investment Wakalah, Tamayuz premium, private banking), credit and debit cards (including the award-winning Sharia-compliant Travel Pass Credit Cards in partnership with Visa), personal financing (Murabaha, top-up, refinancing, freelancer programs), real estate financing (proprietary and government-backed via the Real Estate Development Fund), and auto financing (lease and Murabaha). Digital delivery is enabled through Albilad Net (online banking), the Albilad App, Albilad Phone, multi-currency ATMs, Interactive Teller Machines, and instant payment systems. The bank operates a vertically integrated ecosystem through wholly-owned subsidiaries: Albilad Capital (investment banking and asset management), Enjaz (payment services), and Albilad Investment Company (ETF management). The Horizon Innovation Center supports fintech co-development.

Bank AlBilad generates revenue primarily through special commission income from Sharia-compliant financing (Murabaha, Ijara) and investment (sukuk), supplemented by fee-based banking services. In H1 2026, the bank reported total operations profit of SAR 3,142.4 million (8.6% YoY growth), net profit of SAR 1,527.4 million (4.2% YoY), total assets of SAR 186.5 billion (15.2% YoY), and client deposits of SAR 147.2 billion (18.8% YoY). In January 2026, the bank strengthened its capital base with a USD 500 million Additional Tier 1 perpetual sukuk under a USD 2 billion programme, and subsequently declared a H1 2026 dividend of SAR 750 million (SAR 0.5 per share).

Name

Bank AlBilad

Legal name

Bank Albilad (بنك البلاد)

Website

https://bankalbilad.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Bank AlBilad is a publicly listed Saudi Arabian Islamic bank operating 108 branches nationwide, offering Sharia-compliant retail, corporate, and SME banking, financing, and investment services to individuals, businesses, and government employees.

Ownership category

akta.pro rank

Product category

Islamic Retail Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (52211), Commercial Banking (522110), Credit Intermediation and Related Activities (522)

SIC

National Commercial Banks (6021), Asset-Backed Securities (6189), State Commercial Banks (6022)

akta.pro primary industry

Islamic Retail Banking (FSABAGAA)

akta.pro secondary industries

Islamic SME & Commercial Banking (FSABAGAB), Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH), Islamic Private Banking & Wealth (FSABAGAD), Islamic Deposit & Account Products (Current/Savings/Investment Accounts) (FSABAGAI), Islamic Corporate Banking (FSABAGAC)

Keywords

• Islamic banking services
• Retail banking
• Personal financing
• Corporate banking
• Sharia-compliant finance

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Special Commission Income from Financing: Income from Murabaha, Ijara, and other Sharia-compliant financing products including personal financing, real estate financing, and auto financing. Increased 8.555% YoY to SAR 3,142.4 million total operations profit in H1 2026
2. Special Commission Income from Investment: Income from investment activities including sukuk and other Sharia-compliant investment instruments. Surged 29.219% YoY in H1 2026
3. Fee-based Banking Services: Fees from account services, card services, transfer services, and other banking services

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Bank AlBilad is a Saudi Arabian Islamic (Sharia-compliant) bank providing retail, corporate, and SME banking services. Its core offerings include current, savings, investment, and goal-based accounts; Sharia-compliant credit, debit, and prepaid cards (including the Travel Pass Visa card); personal financing (Murabaha, top-up, refinancing, freelancer); real estate financing; auto Murabaha and Ijara financing; digital banking (Albilad Net, Albilad App, Albilad Phone, ATMs, Instant Payment); and investment and payment services through subsidiaries Albilad Capital and Enjaz.

Product overview

Bank Albilad is a Saudi Arabian Islamic bank offering a comprehensive suite of banking, financing, and investment products and services through multiple channels. The bank operates as a platform with distinct divisions: retail banking (individuals), corporate banking (companies), SME banking (small and medium enterprises), and investment services through Albilad Capital. The retail offering spans various deposit accounts (current, savings, investment, and specialized accounts like AlBilad Account with monthly returns and Goal Savings), credit cards (Travel Pass with unique travel benefits, Tamkeen Plus, mada debit, and prepaid cards), personal financing (digital, murabaha, top-up, refinancing, freelancer programs), real estate financing (proprietary and government-backed programs), and auto financing (lease and murabaha). Digital banking is delivered through Albilad Net (online), Albilad App (mobile), Albilad Phone (phone banking), multi-currency ATMs, ITMs, and instant payment systems. The bank also operates Enjaz for payment services and maintains the Horizon Innovation Center for fintech collaborations. The investment arm manages ETFs including Albilad MSCI GCC Equity Monthly Dividend ETF and Albilad MSCI Saudi Equity ETF. All products comply with Shariah principles under supervision of the bank's Sharia committee.

Differentiator

Problem solved

Functional benefit

Brands

• Albilad Verse (البلاد فيرس): Digital account opening app for children/minors
• Travel Pass Credit Cards
• Tamkeen Plus (تمكين بلس)
• Mukafaat AlBilad (مكافآت البلاد)
• Travel Pass Partner Program
• Horizon Innovation Center (هورايزن)
• Albilad MSCI GCC Equity Monthly Dividend ETF
• Albilad MSCI Saudi Equity ETF

Products and services

• Current Account Standard current account for daily banking transactions, available to individual retail customers in Saudi Arabia.
• Savings Account Standard savings account for deposit accumulation by individual customers.
• Savings and Investment Account Savings account combining deposit accumulation with investment opportunities for individual customers.
• Investment Wakalah Account Sharia-compliant investment account using Wakalah structure for individual investors seeking Islamic investment returns.
• Goal Savings Account (Himsala) Goal-based savings account designed to help individual customers achieve specific savings targets.
• Albilad Account Bank account offering monthly returns for individual retail customers.
• Awaed Albilad Account Savings account with periodic returns for individual customers.
• Tamayuz Accounts Premium banking accounts for distinguished customers, offering enhanced benefits and services.
• Private Banking Exclusive private banking services for high-net-worth individuals, including personalised wealth and investment services.
• Albilad Verse App Mobile application enabling parents to open bank accounts for children/minors through digital onboarding.
• Travel Pass Credit Cards Sharia-compliant Visa travel credit cards offering 300,000 Welcome Points and access to over 9 international airlines and 7,000 global hotels, with integrated travel booking platform and meet-and-greet services at Dubai International Airport.
• Tamkeen Plus Credit Cards Sharia-compliant credit cards offering enhanced benefits and rewards for individual cardholders.
• Credit Cards Sharia-compliant credit cards for personal and business customers in Saudi Arabia.
• mada Cards National debit cards enabling payments through the Saudi mada payment network for retail customers.
• Prepaid Cards Prepaid payment cards with no credit facility required, offered to individual customers.
• Tamkeen Card Sharia-compliant credit card offering features and benefits for individual cardholders.
• Digital Personal Finance Online Sharia-compliant personal financing application enabling individual customers to access funds immediately through digital channels.
• Stock Financing (Murabaha) Sharia-compliant Murabaha financing for purchasing goods by individual customers.
• Top-up Financing Additional Sharia-compliant financing on top of existing facilities for existing personal financing customers.
• Deferring Finance Installments Product allowing customers to defer financing installment payments on existing personal financing.
• Refinancing Program Program to refinance existing obligations with the bank for individual customers.
• Debt Settlement (Buyout) Program for settling existing debts with other financial institutions by transferring obligations to Bank AlBilad.
• Freelancer Financing Specialized Sharia-compliant financing product for freelancers and self-employed professionals.
• Albilad Real Estate Programs Bank's proprietary Sharia-compliant real estate financing programs for individual customers purchasing residential property.
• Real Estate Development Fund Programs Real estate financing programs offered in partnership with Saudi Real Estate Development Fund and the Ministry of Housing for eligible Saudi citizens.
• Auto Lease Financing Islamic-compliant auto lease (Ijara) financing product with after-sales services for individual customers.
• Murabaha Auto Financing Murabaha-based Sharia-compliant vehicle financing product for individual customers.
• Albilad Net Online banking platform for retail customers to manage accounts, conduct transactions, and access banking services.
• Albilad App Mobile banking application enabling retail customers to access banking services via smartphone.
• Albilad Phone Phone banking service providing customer support and transaction capabilities.
• Multi-currency ATM ATM machines supporting multiple currencies for withdrawals and transactions across Bank AlBilad's network.
• Instant Payment System (Sama) Real-time instant payment system enabling immediate fund transfers for Bank AlBilad customers.
• Digital KYC Digital identity verification and onboarding service supporting remote customer enrollment.
• Interactive Teller Machine (ITM) Self-service banking device enabling extended-hours banking services through live teller video interaction.
• Digital Account Opening Online account opening process using Digital KYC verification, enabling customers to open accounts remotely.
• Agent Banking Services Banking services provided through a network of authorized agents, extending reach beyond branch locations.
• Albilad Capital Investment banking arm of Bank AlBilad providing securities dealing, asset management, custody, and investment services.
• Enjaz Payment Services Payment services company of the Bank AlBilad group providing electronic payment processing and remittance services.
• Albilad MSCI GCC Equity Monthly Dividend ETF ETF managed by Albilad Investment Company providing GCC equity exposure with monthly dividend distributions.
• Albilad MSCI Saudi Equity ETF ETF managed by Albilad Investment Company providing Saudi equity market exposure to investors.
• Travel Pass Loyalty Program Loyalty program for Travel Pass cardholders allowing points earning and redemption with partner airlines and hotels.
• Mukafaat Albilad Loyalty Program General loyalty program for Bank AlBilad customers enabling earning and redemption of reward points across the bank's products.

Quantifiable outcome

• Total assets reached SAR 186.5 billion with 15.2% YoY growth in H1 2026
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered notable, core and minor.

• SwvlnotableStrategic or Co-development Partner · 7 July 2026Swvl Holdings Corp signed a contract with Bank AlBilad to provide technology-enabled shuttle services across the bank's network in Saudi Arabia. The deployment leverages Swvl's platform for dynamic route planning, real-time dispatching, and operational optimization to improve workforce mobility and deliver cost predictability.
• Scientific & Medical Equipment House Co.notableOthers · 7 April 2026Scientific & Medical Equipment House Co. renewed a Sharia-compliant credit facilities agreement with Bank AlBilad valued at SAR 260 million ($69.3 million). The financing is secured by assignment of contract proceeds and will be used to fund current and future projects, bank guarantees, and letters of credit.
• VisacoreStrategic or Co-development Partner · 24 December 2025Bank AlBilad won the Visa Travel Innovation Award for its Travel Pass Credit Cards, which are the first of their kind in Saudi Arabia. The award recognizes the bank's strategic partnership with Visa and commitment to delivering Shariah-compliant banking solutions, with cards offering 300,000 Welcome Points and access to 9 international airlines and 7,000 global hotels.
• Albilad CapitalcoreOthersAlbilad Capital is the investment banking arm of Bank AlBilad, providing securities dealing, managing, and custody services. It manages the Albilad MSCI GCC Equity Monthly Dividend ETF and Albilad MSCI Saudi Equity ETF.
• EnjazcoreOthersEnjaz is the payment services company of Bank AlBilad group, providing electronic payment solutions and services.
• Oud CapitalminorOthersOud Capital manages the Oud Private Real Estate Fund which was involved in a transaction with Knowledge Economic City (KEC), with Bank AlBilad as a related party in the Saudi banking sector.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Al Rajhi Bank: Saudi Arabia's largest Islamic bank and the world's largest Islamic bank by assets and market cap. Directly comparable as a Sharia-compliant retail, corporate, and SME lender operating in the same domestic market with overlapping product suites (Murabaha, Ijara, credit cards).
• Alinma Bank: Saudi-listed Islamic bank serving retail, corporate, and SME segments with a similar full-stack Sharia-compliant product offering. Closest comparable in size and growth profile to Bank AlBilad.
• Riyad Bank: One of Saudi Arabia's largest commercial banks with a growing Islamic banking window. Overlaps directly in retail, corporate, and SME financing segments within the same domestic market.
• Saudi National Bank (SNB): Saudi Arabia's largest bank by assets, formed through the merger of NCB and Samba. Competes with Bank AlBilad across retail, corporate, and Islamic banking, and is the dominant conventional/Islamic hybrid competitor.
• Bank AlJazira: Saudi-listed bank (subsidiary of National Bank of Kuwait) offering Islamic and conventional banking products. Directly competes in retail, corporate, and SME banking with comparable Sharia-compliant offerings.
• Arab National Bank: Major Saudi-listed commercial bank with retail, corporate, and Islamic banking windows. Direct competitor in the Saudi SME and retail financing market where Bank AlBilad operates.
• The Saudi Investment Bank: Saudi-listed bank offering retail, corporate, treasury, and investment banking with a Sharia-compliant product suite. Comparable in size and product mix, particularly in corporate and treasury segments.
• Banque Saudi Fransi: Saudi-listed bank with a growing Islamic banking offering alongside conventional products. Competes directly in retail, corporate, and SME segments in the Saudi market.
• Saudi British Bank (SABB): Major Saudi-listed bank offering both conventional and Islamic banking products (SABB AlHuda). Direct competitor across retail, corporate, SME, and treasury segments in the Saudi market, now part of HSBC Group.

Regional players

• Gulf International Bank (GIB): GCC-headquartered wholesale/investment bank with Saudi operations via GIB Saudi Arabia. Comparable in Islamic finance and treasury capabilities but predominantly serves corporate and institutional clients across the wider GCC rather than retail.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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• TikToktiktok.com/@bankalbilad

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bank AlBilad