Bank AlJazira is a Saudi based financial institution that provides fully Islamic Shari’ah compliant services and solutions. Founded in 1975 with headquarters in Jeddah, Bank AlJazira offers a wide range of products and services, including Personal, Commercial, Corporate, Treasury and Private Banking. With two well established subsidiaries, AlJazira Takaful providing Islamic Insurance services and AlJazira Capital providing Brokerage & Investment Services.

Bank AlJazira is recognized as one of the leading and fast growing Shari’ah compliant financial institutions in Saudi Arabia and is well known for being customer-driven and service-oriented. In recent years, the bank has evolved tremendously, particularly in the areas of Digital Banking, Credit Cards, Real Estate Finance and Remittance services.

The Retail Banking Group continues to redefine banking services and constitutes a major proportion of the local banking market, offering innovative products and smart banking solutions through a nationwide network of 82 branches, 623 ATMs and 22,000 Merchants (point of sale).

Our products and services are designed to meet the end to end needs of all customers from account opening to time deposits, debit and credit cards to personal finance along with a superior range of mortgage finance products delivered through a fast growing and expanded Branch Network. We also recently launched Auto Lease financing product based on the principle of leasing and compatible with the provisions of Islamic Shari’ah.

On the “People” front, Bank AlJazira invested heavily on its human capital and thus its organic resources potentials have been growing to match with the dynamic development of the Bank’s offerings, channels and infrastructure.

Throughout its path of success, Bank AlJazira earned well-deserved local and international recognitions and won several awards. Some of these awards are as follows:

  • Most Innovative Islamic Retail Bank in Saudi Arabia 2021 - 7th Islamic Retail Banking Awards 2021
  • IRBA Excellence Award for Islamic Digital Banking 2021 - 7th Islamic Retail Banking Awards 2021
  • Excellence in Digital Transformation Award 2021 granted by the Digital Banking Saudi 2030 Summit Awards
  • Best Contact Center Awards – Gold Medals and 1st Rank for Best Contact Center and Best Customer Service in Europe Middle East and Africa 2020
  • One of the best performing Financial Companies in CGI Corporate Governance by Alfaisal University Award 2020
  • Contact Center World Awards – Gold Medal and 1st rank in three Categories, Best Contact Center, Best in Customer Service and Best Branch Support Categories in Europe Middle East and Africa 2019
  • Most Innovative Islamic Bank – Saudi Arabia 2019, awarded by International Finance Magazine
  • Best Credit Card Offerings – Saudi Arabia 2019, awarded by Global Business Outlook Magazine
www.bankaljazira.com/en

ENG. TAREK OTHMAN
AL-KASABI

Chairman
Chairman of the Board of Directors

Eng. Tarek Othman Al-Kasabi is currently the Chairman of the Board of Directors of Bank AlJazira since 2016. He obtained his bachelor’s degree in Civil Engineering in 1976 from King Saud University and has extensive experience in the financial, investment, health, industrial and construction sectors for more than 25 years.

He began his career at Kara Establishment in Makkah where he worked as Project Engineer (1976-1977) then as Project Manager (1978-1981) and as Vice President (1981-1988).

He was then appointed General Manager of Makkah Construction and Development Company and served in that capacity from 1988 to 1990. In 1990, he joined Dallah AlBaraka Company as Vice President until 2012. He is also the Chairman of the Board of Directors of Dallah Healthcare Company from 1995 until now.

Other Positions:

  • Member of the Board of Directors of 6th October Cardiac Center at Dar Al-Fouad Hospital in Egypt (1995-2012)
  • Member of the Board of Tasnee National Co. - Listed Company in Saudi Market (1995-2006)
  • Member of the Board of Directors of Bank AlJazira - Listed Company in Saudi Market (1998-2015)
  • Chairman of the Board - Dallah Healthcare Co - Listed Company in Saudi Market (1995 - Present)
  • Chairman of Ataa Education Co. - Listed Company in Saudi Market (2003 - Present)
  • President of Riyadh Municipality Council (2014-2015)
  • Deputy President of Riyadh Municipality Council (2005-2014)
  • Member of the Board of Aseer Trading, Tourism and Manufacturing Company - Listed Company in Saudi Market (1994-2019)
  • Vice Chairman of Aseer Trading, Tourism and Manufacturing Company - Listed Company in Saudi Market (2007-2019)
  • Chairman of AlJazira Capital (2008-2013)
  • Chairman of AlJazira Capital (2015-2016)
  • Chairman of RAZM Holding Co. (2008 - Present)

An active member of the following charitable institutions:

  • Member of the Board, Red Crescent (2001-2007)
  • Superintendent of Prince Fahad Bin Salman Charity Association’s Project for Care of Patients with Renal Failure (2007 - Present) “Kelana”
  • Member of the Board of King Abdulaziz and his Companions Foundation for Giftedness and Creativity-“Mawhiba” (2012-2016)
  • Member of the Board of Directors of Disabled Children’s Association (2006-2011)