Having access to Shari’a compliant products and services with financial solutions.
Riyad Bank offers a special line of Islamic banking products and services that cater to all expectations and aspects of banking.
Riyad Bank’s Shari’a compliant products and services cater for various aspects of banking ranging from everyday transactions to financing, investments for individuals, and corporate customers.
Riyad Bank Islamic Banking Management is a professional department responsible for providing appropriate solutions, consultations for planning, following-up execution and developing Islamic banking activities. Moreover that occurs in coordination with the relevant bodies in line with the strategic trends and business plans. In addition to developing and offering Shari’a compliant banking products and services, Riyad Bank follows up implementation by the assistance of pioneer professionals.
Riyad Bank’s independent Shari’a Committee is headed by respectful scholars, who revise the Islamic banking products to verify their compliance with the Shari’a law.
The Committee states the Shari’a judgment on Riyad Bank’s Islamic products and services and renders Shari’a based opinions and decisions upon them.
The Shari’a Committee in Riyad Bank consists of:
Sheikh/ Abdullah Sulaiman Al-Menaea - Head of the Committee
Sheikh Dr. Abdullah Mohammed Al Motlaq - member
Sheikh Dr. Mohammed Ali Al Qari - member