The Saudi Currency is the official currency adopted in the Kingdom of Saudi Arabia, abbreviated as the 'Saudi Riyal' to distinguish it from the currencies of other countries. Foreign exchange traders and central banks worldwide denote it as 'SAR'. The Kingdom coined its first currency issue in 1925, and the first currency denominations were quarter and half Qirsh. In 1935, the first currency bearing the name 'Kingdom of Saudi Arabia' was issued. During the reign of...

Al-Rajhi Bank is a Saudi bank established on January 23, 1978. It practices banking and investment business following the provisions of the Islamic Sharia for its account or the account of others, for individuals and companies, inside and outside the Kingdom of Saudi Arabia, and its main headquarters is located in the capital, Riyadh . The bank was listed on the ' Saudi Tadawul ' on December 1, 1988, and its shares are traded on the main Saudi market 'Saudi Tadawul' within t...