Alinma Bank is a Saudi joint stock company formed in accordance with Royal Decree No. M/15 dated 28 March 2006 and Ministerial Resolution No. 42 dated 27 March 2007. The bank was established with share capital of SAR 15 billion, consisting of 1.5 billion shares with a nominal value of SAR 10 per share.
Alinma Bank provides shariah based banking and investment services. The bank operates its business through the following segments: Retail banking, Corporate banking, Treasury and Investment & brokerage. The Retail banking segment includes financing, deposit and other services for individuals and small to medium sized businesses. The Corporate banking segment includes financing, deposit and other products & services for corporate and institutional customers. The Treasury segment includes murabahas with banks, investments and treasury services. The Investment and brokerage segment engages in investment management, brokerage services and asset management activities related to dealing, managing, arranging, advising and custody of securities. The company was founded on March 28, 2006 and is headquartered in Riyadh, Saudi Arabia.