Al Rajhi Capital Partners With Tadawul on Investing
Al Rajhi Capital, the Kingdom’s leading investment firm, announced its official partnership with Tadawul (the Saudi Stock Exchange) for the “Invest Wisely Program”. The year-long campaign provides a unique opportunity for participants to become more capable and skillful investors by Learning, Engaging, Practicing, and Competing in a virtual platform that provides a real life experience of actual trading in the stock market.
As the leading provider of investment services in the Kingdom, this exclusive sponsorship complements Al Rajhi Capital’s ongoing commitment to enhance awareness and knowledge among existing and potential investors. As the Kingdom continues its journey towards more institutionalized markets with increased foreign participation, well-educated and equipped investors with necessary tools and resources will be able to make more informed investment decisions.
The Invest Wisely Program is a comprehensive initiative with investment workshops, access to a trading simulation platform enabling participants to create a virtual portfolio with a real life trading experience in Tadawul, as well as providing access to numerous learning materials. Participants can also participate in an investment competition to demonstrate their investment skills and knowledge with others, and the winners will be presented with prizes from the official sponsor, Al Rajhi Capital.
Established in 2008, Al Rajhi Capital is one of the largest providers of ¬financial services in Saudi Arabia, providing a comprehensive range of innovative financial solutions across brokerage, asset management, investment banking, advisory services, and custody. Al Rajhi Capital is the top ranking broker and one of the largest asset managers in the KSA.
Al Rajhi Bank
Founded in 1957, Al Rajhi Bank is one of the largest Islamic banks in the world with total assets of SR 343 billion (US$ 90 billion), a paid up capital of SR 16.25 billion (US$ 4.33 billion) and an employee base of over 9,600 associates. With over 60 years of experience in banking and trading activities, the various individual establishments under the Al Rajhi name were merged into the umbrella 'Al Rajhi trading and exchange corporation' in 1978 and it was in 1988 that the bank was established as a Saudi share holding company. Deeply rooted in Islamic banking principles, the Sharia compliant banking group is instrumental in bridging the gap between modern financial demands and intrinsic values, whilst spearheading numerous industry standards and development.