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Is Al Rajhi Bank (1120) halal?

Saudi Exchange (Tadawul) · Financials — Islamic Banking
Compliant

Al Rajhi Bank is compliant on business activity: it is an Islamic bank, so the debt and interest-income ratios that apply to ordinary companies are not used.

About Al Rajhi Bank

Al Rajhi Bank is a major Saudi Arabian financial institution that provides a broad range of Sharia-compliant banking and investment services. Its core offerings include personal and retail banking, corporate banking, treasury services, and investment banking solutions. The bank serves individuals, businesses, and institutional clients through products such as deposit accounts, consumer financing, credit facilities, payment services, remittances, and wealth management…

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Frequently asked questions

Is Al Rajhi Bank (1120) halal?

Al Rajhi Bank is compliant on business activity: it is an Islamic bank, so the debt and interest-income ratios that apply to ordinary companies are not used.

What makes a stock halal or haram?

Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.

How much of Al Rajhi Bank's dividends should be purified?

Sanad does not show a purification percentage for this company because its interest income is not reported or it is not a compliant company.

How often is this updated?

Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-14.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-14). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.