Bank Albilad

Contact Details

  • Phone: +966 1 479 8888
  • Fax: +966 1 479 8898
  • Website:
  • Description:

    Bank Albilad is a Saudi joint stock company, established in November 2004.  It is headquartered in Riyadh, Saudi Arabia. The bank is engaged in banking, financial and investment services in accordance to Islamic Shari’ah principles. It offers its services through three main segments: Consumer Services, Corporate Services and Investment Services. The Consumer Services segment offers Ithmar Account, Aliblad Account, Personal Financing, Auto Financing, AlBilad Tadawul and AlBilad Credit Card. Its Corporate Services include Murabaha Finance, Finance by Musharaka, Istisna’a Finance and Securitization Finance. Its Investment Services division offers Akar, Amwal, Asayel, Al-Murabih, Al-Seef and Mutual Funds Performance Reports. Bank Albilad operates through a network of 75 branches across Saudi Arabia. It has two subsidiaries: Albilad Investment Company and Albilad Real Estate Company.

Executive Management

Khaled AlMugairen
Independent Chairman of the Board
Khalid Bin Suleiman Al Jasser
Chief Executive Officer

Khalid Bin Suleiman Al Jasser was born in Buraidah, Saudi Arabia in 1962. He holds a bachelor degree in Business Administration from King Saud University. He has more than 20 years experience in the banking industry in various banking functions from retail, to corporate, credit, and HR.  Additionally, he has sat in several companies’ boards in different sectors which gave him broader perspectives of all business areas.