Islamic banks are experiencing growing success particularly amongst non-Muslim clients as they offer an attractive ethical alternative to traditional investments yet deliver good performance and a competitive financial platform.

Islamic finance now covers all sectors of banking and insurance and represents a potential of several hundred billion dollars. The growth rate of the industry – estimated at approximately 10% per year – shows a sector in rapid development and one that is succeeding at uniting financial institutions based in the Muslim world with a large percentage of the world’s leading banks.

The Islamic finance industry was created in the mid-1970s by our Group and was founded on the strategic vision of HRH Prince Mohammed al Faisal bin Abdelaziz al Saud.