Bank AlJazira SJSC. Stock Analysis 1020.SR

Bank Aljazira engages in the provision of Shariah compliant banking products and services. The company is headquartered in Jeddah, Makkah and currently employs 2,326 full-time employees. The firm is organized into following operating segments: The Personal banking, which offers deposit, credit and investment products for individuals; The Corporate banking, which provides financing, deposits and other credit products for corporate, small to medium sized business and institutional customers; Treasury, which includes treasury includes money market, foreign exchange, trading and treasury services; and Brokerage and asset management, which includes Group provides shares brokerage and asset management services to customers. The firm offers comprising of Murabaha, Istisna’a, Ijarah, Tawaraq, Musharaka, Wa’ad Fx and Sukuk which are approved and supervised by an independent Shari’ah Board established by the Bank. The Bank operates approximately 4 subsidiaries, 75 branches and 52 Fawri Remittance Centres.