The service and financial system of the bank are based on Sharia rules or the so-called Islamic banking. This distinguishes Alinma Bank from its competitors and makes it attractive for partners who see this as steady income growth.
Islamic banking law prohibits mortgage interest, speculation and futures transactions. Alinma Bank is engaged in project investment: does not receive interest, studies a client, offers a business strategy, and analyzes risks.
The Bank believes that Islamic values should form the basis of relations with partners. Alinma Bank’s guiding principles are also innovation and excellence.
The company’s policy is aimed at combating money laundering and terrorist financing. The bank focuses its work on risk assessment; therefore, any negative aspects associated with the client are carefully evaluated and analyzed.
The main advantage of the bank is the ability to buy shares without risk.
There are many reasons to think so:
Over the past decade, the bank has been awarded national and international awards more than once. Only in 2019, there were four of them: “The best digital banking service for clients” (World Union of Arab Banks, 2019), “Excellent Islamic Banking” (Finnovex, 2019), “Islamic Bank of the Year KSA” (The Banker, 2019), “CEO of the Year” (Global Islamic Finance Awards, 2019).
In July 2019, Alinma Bank’s CEO, Abdulmohsen Al-Fares, delivered a speech at IFLP, the Cambridge Islamic Finance Leadership Program.
As you can see, in Alinma Bank, there is steady financial growth, which corresponds to its strategy and plan, and for traders is an excellent opportunity to invest and make a profit.
|Citigroup||Stock Citigroup - course and charts||6||71.68|
|Manchester United||Stock Manchester United - course and charts||10||16.49|
|Exxon Mobil||Stock Exxon Mobil - course and charts||6||63.43|
|NIKE||Stock NIKE - course and charts||6||157.75|
|Santander group||Stock Santander group - course and charts||8||3.83|
|COCA-COLA||Stock COCA-COLA - course and charts||6||54.08|
|JPmorgan Chase and CO||Stock JPmorgan Chase and CO - course and charts||6||168.55|
|MICROSOFT||Stock MICROSOFT - course and charts||6||308.21|
|Chevron||Stock Chevron - course and charts||6||111.62|
|Banque Saudi Fransi||Stock Banque Saudi Fransi - course and charts||25||41.78|
|Stock Facebook - course and charts||6||339.96|
|Arab National Bank||Stock Arab National Bank - course and charts||15||23.07|
|BOEING||Stock BOEING - course and charts||10||215.89|
|Saudi British Bank||Stock Saudi British Bank - course and charts||10||33.28|
|General Electric||Stock General Electric - course and charts||6||104.65|
|FERRARI||Stock FERRARI - course and charts||10||224.5|
|Riyad Bank||Stock Riyad Bank - course and charts||8||28.08|
|AMAZON||Stock AMAZON - course and charts||24||3444.01|
|Goldman Sachs Group||Stock Goldman Sachs Group - course and charts||6||411.96|
|Deutsche Bank||Stock Deutsche Bank - course and charts||8||13.28|
|Saudi Electricity||Stock Saudi Electricity - course and charts||6||27.43|
|Saudi Investment Bank||Stock Saudi Investment Bank - course and charts||8||17.71|
|Tesla Motors||Stock Tesla Motors - course and charts||14||863.78|
|Intel||Stock Intel - course and charts||10||55.14|
|WalMart||Stock WalMart - course and charts||6||144.62|