What are the names of the Islamic and non-usurious banks in Saudi Arabia?
The Saudi Islamic banks are: Al-Rajhi Bank, Bank Albilad, Alinma Bank, and Bank AlJazira. All conventional banks in the Kingdom have Islamic banking divisions, and working in them is permissible.
What is important is observing the Sharia controls in the bank's financial transactions and the presence of a reliable Sharia supervisory board overseeing its dealings.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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