Alinma Bank
مصرف الإنماء

Company type	Private
Traded as	Tadawul: 1150
ISIN	SA122050HV19
Industry	Finance
Founded	March 23, 2006; 17 years ago (March 23, 2006)
Headquarters	Riyadh , Saudi Arabia
Key people	Abdulmalek bin Abdullah bin Hamad Al-Hogail, Chairman
Products	Islamic financial services
Total assets	131,839,441,000 Saudi riyal (2019)
Owner	Public Investment Fund-10%, General Organization for Social Insurance-10%, Public Pension Agency-10%, public shares-70%
Number of employees	2,658 (2018)
Website	www.alinma.com

Alinma Bank (Arabic: مصرف الإنماء) 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 20 billion, consisting of 1.5 billion shares with a nominal value of SAR 10 per share. The company has more than 2,658 employees

Ownership structure

Alinma Bank’s founding shareholders are as follows: The Saudi Arabian Public Investment Fund (PIF), the Saudi Arabian Public Pension Agency (PPA) and the Saudi Arabian General Organization for Social Insurance (GOSI). Together they represent 30% of the bank’s share capital, all with equal shares. The remaining 70% of the bank’s shares were offered for public subscription in April 2008.

Bank activities

Alinma provides a comprehensive range of Shariah-compliant retail and corporate banking and investment services. The bank serves its clients through a nationwide network of branches and ATMs, as well as through its alternative channels, Alinma Internet, Alinma Phone, Alinma Mobile and the Alinma App for smart devices.

Location

The Alinma head office is located in Al-Anoud Tower on King Fahad Highway in the Saudi capital, Riyadh.