Banking
Al Rajhi Banking & Investment
alrajhi bank Malaysia is the first Saudi Arabian Islamic financial institution to operate in Southeast Asia. Locally incorporated in 2005, it is a wholly owned subsidiary of alrajhi bank Kingdom of Saudi Arabia—one of the largest banks in the world by market capitalization and the largest in the Middle East and Saudi Arabia. The bank offers comprehensive Shariah-compliant financial services that align ethical principles with modern financial needs, including personal and corporate financing, home financing, cash management, and competitive savings accounts. With 13 branches across Peninsular and East Malaysia, including the Klang Valley, alrajhi bank Malaysia also provides seamless digital banking through its MY alrajhi app, delivering convenient and secure banking features directly to customers’ smartphones.
Area of Services
Retail banking
The Bank offers a range of Shariah-compliant personal banking solutions designed to meet everyday financial needs while adhering to Islamic principles. These are: savings and current accounts, term deposits, personal financing options, debit cards, safe deposit boxes, and wealth management solutions such as gold investments, unit trusts, and bancatakaful protection plans.
Corporate banking
The Bank provides tailored corporate banking services to support businesses of all sizes. Its offerings include corporate financing solutions, cash management services to optimize liquidity, and business internet banking for efficient financial operations.
Digital banking
alrajhi bank Malaysia offers seamless digital banking experiences through its MY alrajhi mobile app, enabling customers to manage accounts, make payments, transfer funds, and access banking services anytime, anywhere.
Treasury
The Bank offers Shariah-compliant Treasury solutions, including Commodity Deferred Purchase Agreement (CDPA) for term deposits with fixed profit rates and Foreign Exchange (FX) Spot for immediate currency transactions. These services help clients manage liquidity, optimize returns, and meet foreign exchange needs efficiently and competitively.
Awards/Accolades/Achievements
Awards & Recognitions
- Virtual Bank of the Year (Malaysia) 2023 – Awarded at the Asian Banking & Finance Retail Banking Awards for excellence in digital banking innovation.
- Malaysia Technology Excellence Awards 2023 – Recognized in the Fintech – Retail Banking category for pioneering digital banking solutions through the MY alrajhi app.
- LinkedIn Talent Award 2024 – Winner for “Best Talent Acquisition Team for Companies with Below 1000 Employees”, celebrating excellence in recruitment and employer branding.
Contact details
Level 8, Integra Tower, The Intermark,
348 Jalan Tun Razak, 50400
Kuala Lumpur
Malaysia
www.alrajhibank.com.my
Seema Viswanathan
Branding & Communications
E [email protected]
