Al Rajhi Bank is the largest Islamic bank in the world

The latest rankings by «First Bank» revealed that Al Rajhi Bank topped the list of the largest 20 Islamic banks in the world by the end of 2025.

The bank’s total assets reached $278.15 billion at the end of 2025, compared to $258.84 billion at the end of 2024, reflecting a year-on-year growth rate of 7.5%.

The ranking was based on banks’ reported asset sizes, converted into U.S. dollars, providing a standardized comparison tool across different Islamic banking institutions. It also excluded banks with unavailable official data to ensure the accuracy and reliability of the methodology.

The ranking included parent banking groups across various Arab countries and did not account for their foreign subsidiaries.

Alongside asset growth, Al Rajhi Bank recorded strong performance over the past year, with net profit rising to $6.62 billion in 2025, compared to $5.25 billion in 2024, marking a year-on-year increase of 26%.

Pre-tax profit increased to $7.37 billion in 2025, up from $5.85 billion in 2024, reflecting a 26.1% annual growth rate.

Income from financing and investment grew by 20.3% last year, reaching $7.96 billion in 2025, compared to $6.61 billion in 2024.

Banking service fees rose to $1.56 billion in 2025, up from $1.25 billion in 2024, representing a 25.3% year-on-year increase.

Customer deposits increased by around 2% last year, reaching $177.91 billion at the end of 2025, compared to $174.34 billion at the end of 2024.

Net financing surged to $200.69 billion at the end of 2025, compared to $184.56 billion at the end of 2024, marking an annual growth rate of 8.7%.