Bank Al Jazira

bank aljazira (baj) is recognized as one of the leading shari'ah compliant fast growing financial institutions in saudi arabia, client-driven and service-oriented saudi financial group which provides individuals, businesses and institutions with innovative shari'ah compliant financial services through professional and dedicated staff. in 2007, baj witnessed its full conversion into a shari'ah-compliant institution and simultaneously increased its paid up capital to become sr 3 billion which came entirely from the bank's profits. subsidiaries: - aljazira capital is the continuation of a long success story in the saudi tadawul market, having occupied the market leadership position for several years. - takaful taawuni: baj was the first banking institution in saudi arabia to introduce takaful ta'awuni (tt) in 2002 as a full-fledged shari'ah-compliant alternative solution for the traditional life insurance.