Alinma Bank Launches Al-Majmaah Operations

Under the patronage of HH Prince Abdulrahman Ibn Abdullah Ibn Faisal Ibn Farhan Ibn Saud, Governor of Al-Majmaah governorate, Alinma Bank recently launched its first branch in the city as part of its ongoing expansion across Saudi Arabia. Also in attendance were Mr. Abdulmohsen Al-Fares, the CEO of Alinma Bank, as well as other bank executives, local officials and other guests.


Speaking about the launch, Al-Fares said it was important for Alinma to communicate and interact directly with its partners (customers) and that having a physical presence in cities such as Al-Majmaah were important in accomplishing that. He went on to note that it was important to expose as many people as possible to the level of service quality, innovation, technological advancement, and Shariah-compliance offered by Alinma through its uniquely designed branch experience, which carefully takes into consideration partner needs.


Al-Fares also thanked HH Prince Abdulrahman for his gracious welcome of Alinma in Al-Majmaah: "I cannot thank HH Prince Abdulrahman enough for his support and warm welcome in this wonderful community.  We are pleased that the hard work of our valued staff has paid off in allowing us to expand to Al-Majmaah, and we are eager to continue to bring our exemplary products and services to individuals across the kingdom.  We are also working hard to help the kingdom continue along its development trajectory; and Alinma is optimistic that Vision 2030 will bring into view the type of growth and success that the kingdom deserves.”


Alinma Bank provides fully Shariah-compliant products and services to its retail, corporate, SME, government, and non-profit partners.  The bank has contributed to a number of key economic development projects and it remains dedicated to the development of society through its corporate social responsibility initiatives.


Alinma Bank provides comprehensive 24/7 e-banking options for its partners that bring convenience, safety, and security to their financial lives.  These include services such as Alinma Internet (, Alinma Phone (8001208000), Alinma Mobile (WAP), and the bank’s application for smart devices.  The bank also serves partners through its network of 153 branches and more than 1400 ATMs.