Bank AlJazira (BAJ) is a Saudi Arabia-based financial institution that provides banking services and solutions in compliance with Islamic Sharia. Bank Aljazira, founded in 1975 in Jeddah, offers a wide range of products and services, including personal, commercial, corporate, investment and private banking. The bank provides only Islamic banking products and in recent years has developed its credit cards and e-commerce services for citizens and businesses. The Bank operates a network of more than 50 branches across the Kingdom. As of December 31, 2011, AlJazira had SR38.9 billion (US$10.4 billion) in total assets, SR1.16 billion in customers’ deposits (US$8.31 billion) and 23.3 billion (US$6.21 billion) in loans and advances.
ALJazira Capital (AJC), the investment arm of Bank AlJazira, is a Sharia Compliant Saudi Closed Joint Stock company operating under the regulatory supervision of the Capital Market Authority.
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