Alinma Bank

Alinma Bank
مصرف الإنماء
Company typePrivate
Tadawul: 1150
ISINSA122050HV19 
IndustryFinance
FoundedMarch 23, 2006 (March 23, 2006)
Headquarters,
Key people
Abdulmalek bin Abdullah bin Hamad Al-Hogail, Chairman
ProductsIslamic financial services
Total assets131,839,441,000 Saudi riyal (2019) 
OwnerPublic Investment Fund-10%,
General Organization for Social Insurance-10%,
Public Pension Agency-10%,
public shares-70%
Number of employees
2,658 (2018)
Websitewww.alinma.com/en/

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.