Al Rajhi Bank's stock is one of the most prominent listings in the Saudi financial market, bearing the symbol tadawul 1120. This stock has consistently attracted the attention of investors and observers of the Saudi banking sector due to the bank's status as one of the largest Islamic banks in the Kingdom and the world. With the growth of the Saudi economy and the development of the financial market, understanding the details of the performance of tadawul 1120 and the factors influencing it has become increasingly important, especially with the rising daily trading volumes and the regular dividend distributions announced by the bank. In this article, we provide a detailed overview of everything related to Al Rajhi Bank's stock—from financial performance and key indicators to the bank's role in the Saudi banking sector, its main competitors, and recent developments, along with a comprehensive explanation of the latest financial data (2024–2025) and cash distributions, as well as answers to the most common questions among followers. This guide aims to provide a comprehensive and objective picture of tadawul 1120 to help the reader gain a deeper understanding of this vital stock, without providing investment recommendations or price forecasts, in accordance with the disclosure and transparency rules adopted in the Saudi financial market.
What is tadawul 1120 and Its Position in the Saudi Market?
tadawul 1120 refers to Al Rajhi Bank's stock, one of the most recognized stock symbols in the Saudi financial market (Tadawul). This code serves as an abbreviation for the stock of one of the largest Islamic banks in the Kingdom and the world in terms of capital and customer base. The bank was established in 1957 and has undergone significant development in its services and products, making it a cornerstone of the Saudi financial sector today.
Al Rajhi's stock is classified within the banking and financial services sector in the Saudi market index. It is characterized by high liquidity, recording a high daily trading volume compared to many other listed stocks. The Saudi Tadawul market follows a precise coding system, allowing the 1120 code to quickly identify Al Rajhi Bank's stock among thousands of other stocks and financial derivatives.
Due to the large market capitalization of the stock, it exerts a significant weight on market indices (such as the general Tadawul index and the banking sector index). Al Rajhi's stock is often among the top 10 listed companies by market capitalization. This status makes the stock a focal point of interest for both local and international investors, especially with the significant economic developments taking place in Saudi Arabia in recent years.
Overview of Al Rajhi Bank: Foundation, Development, and Expansion
Al Rajhi Bank was established in 1957 by Sheikh Saleh bin Abdulaziz Al Rajhi and several partners, growing to become one of the largest Islamic banks in the Middle East and the world. The bank is headquartered in Riyadh and manages a vast network of branches within the Kingdom, alongside its presence in regional markets (such as Jordan and Egypt) and partnerships with global banks.
The bank is distinguished by its strict Islamic foundations in providing banking products and services, as all operations rely on Sharia-compliant formulas such as Murabaha, Mudarabah, Ijarah, and investment in Islamic bonds. This has enhanced the trust of individual and corporate clients, making the bank a preferred destination for those seeking Sharia-compliant financial products.
In recent decades, the bank has expanded its digital services, developing modern electronic banking solutions that meet the needs of individuals and businesses, such as online banking services and smartphone applications. The bank also adopts the latest standards in risk management and regulatory compliance, consistently adhering to the directives of the Saudi Arabian Monetary Authority (SAMA) and the Saudi Capital Market Authority, which enhances its position as a sound and reliable financial institution.
Performance of tadawul 1120: Price Developments and Market Liquidity
Al Rajhi Bank's stock (1120) has recorded strong performance in recent years, with the stock price fluctuating between 100 and 107 Saudi Riyals in the first half of 2025, with a recent close at 107.00 Riyals. The stock has experienced relatively limited volatility during trading sessions, reflecting stability in price movement compared to many other stocks.
In terms of liquidity, the average daily trading volume reached approximately 2.87 million shares, with trading values exceeding 300 million Riyals in some sessions. These figures confirm the stock's position as one of the most traded in the Saudi market. High liquidity is an important feature for investors, as it facilitates entry and exit from the stock without significantly impacting prices.
The stock's performance is linked to several economic factors, such as interest rates, lending rates, and local and global market trends. The bank's financial strength, regular dividend distributions, and management reputation also play a role in the stock's price stability and attractiveness to investors.
Key Financial Indicators for Al Rajhi Stock 1120
The financial indicators for Al Rajhi Bank's stock (1120) reflect the bank's solid financial position and stability:
- Closing Price: 107.00 Saudi Riyals (mid-2025)
- Market Capitalization: Approximately 265 billion Saudi Riyals
- Price-to-Earnings Ratio (P/E): 16.95 (last 12 months)
- Dividend Yield: Approximately 4.5% (total distribution of 5.00 Riyals per share for 2023)
- Average Daily Trading Volume: 2.87 million shares
These indicators place Al Rajhi's stock among the top stocks in the Saudi banking sector, enjoying moderate financial multiples compared to the sector average. The current P/E ratio reflects a realistic valuation of the stock, while the dividend yield indicates the bank's commitment to providing attractive returns to shareholders regularly.
It is worth noting that the stock's financial performance is based on the bank's quarterly and annual results, which show continuous growth in net profits and revenues, while maintaining high capital adequacy ratios and strict capital requirements according to SAMA's directives.
Dividend Distribution Policies and Yield Rate for Al Rajhi Stock
Al Rajhi Bank is characterized by a stable and attractive dividend distribution policy for its shareholders. The bank announced total cash distributions of 5.00 Riyals per share for the year 2023, distributed in two payments (2.50 Riyals per semi-annual), which equates to an annual yield ranging from 4% to 5% depending on the stock price during the distribution periods.
Dividends are typically approved at the annual general assembly after the financial results are announced, and profits are distributed to eligible shareholders on specified dates. The bank follows best practices in the Saudi banking sector, striving to achieve a balance between reinvesting profits in business development and rewarding shareholders with regular cash liquidity.
Historically, Al Rajhi Bank has maintained the continuity of dividend distributions even during periods of economic fluctuations, benefiting from its strong financial position and high net income from operational activities. The regular distribution policy is one of the key factors that enhance investor confidence in the stock, making it a primary choice within long-term investment portfolios.
Financial Performance, Revenues, and Profitability Analysis
In recent years, Al Rajhi Bank has achieved significant growth in net profits, surpassing record levels compared to its competitors. This is attributed to an increase in net interest income, a rise in financing volumes for individuals and businesses, improved asset quality, and a decrease in non-performing loans.
In 2023, the bank recorded notable growth in annual net profit compared to the previous year, benefiting from a high-interest rate environment and increased demand for financing products. Revenues from non-financial activities (such as banking fees and investment services) also rose, contributing to income diversification.
The bank is keen to maintain strong capital adequacy ratios, exceeding SAMA's requirements, and achieving a high return on equity (ROE) ranging from 18% to 20%, which is among the highest rates in the Saudi banking sector. This solid financial performance reflects the quality of management and operational efficiency of the bank.
The Saudi Banking Sector and Al Rajhi Bank's Position Among Competitors
Al Rajhi Bank operates within the banking and financial services sector in the Saudi market and faces strong competition from major banks such as the Saudi National Bank (SNB), Riyad Bank, Alinma Bank, and the Saudi British Bank (SABB), alongside smaller banks like Bank Al-Jazira and Bank Al-Bilad.
Al Rajhi Bank stands out as one of the first banks to fully adopt Islamic financing and investment formulas, setting it apart from some competitors who mix traditional and Islamic products. The bank also boasts a wide customer base and extensive experience in the local market, with a growing regional presence.
The strength of the Saudi banking sector is supported by the strict oversight of the Saudi Arabian Monetary Authority, along with the robustness of the national economy. Bank stocks remain among the most stable in the Saudi financial market, given their importance in financing projects and absorbing local liquidity, especially amid the government’s Vision 2030 projects that enhance the demand for banking financing.
Recent Developments and News Regarding tadawul 1120
During 2024 and 2025, Al Rajhi Bank witnessed several important developments that reflected on the performance of its stock tadawul 1120:
- Positive financial results for the first and second quarters of 2024, with continued growth in net profit and an increase in total income from financing.
- The general assembly announced generous cash distributions for the fiscal year 2023 (5.00 Riyals per share), enhancing the stock's appeal to investors seeking stable returns.
- Continued development of digital services and the launch of new features in the bank's application, contributing to improved customer experience and an increase in the number of active users.
- Maintaining a high international credit rating (A+ or equivalent), indicating strong financial solvency and operational stability.
- No announcements regarding major mergers or acquisitions during 2024–2025, with the bank focusing on organic growth and improving internal structure.
These developments reflect the bank's commitment to sustainability and continued growth, affirming Al Rajhi's stock position as one of the pillars of the Saudi financial market.
Economic Factors Influencing Al Rajhi Bank's Stock Performance
The movement of Al Rajhi Bank's stock (1120) is influenced by several local and global economic factors, including:
- Interest Rates: Rising interest rates typically lead to growth in the bank's net interest margin, supporting profits, while a decline may pressure the bank's profitability.
- Conditions of the Saudi Economy: Strong economic growth enhances demand for loans and financing, increasing the bank's revenues. In periods of slowdown, profit growth may be affected.
- Oil Prices: Although the impact is indirect, high oil prices support the Saudi economy and positively reflect on the banking sector.
- Government Policies: Vision 2030 programs and initiatives to support the financial sector, along with allowing foreign investors to enter the market, contribute to enhancing the attractiveness of leading stocks like Al Rajhi.
- Global Events: Global fluctuations or financial crises have a relative impact on the Saudi stock market, but major bank stocks typically show resilience due to strong capital and prudent risk management.
It is important for readers to monitor these factors when studying the performance of stock 1120, noting that the Saudi financial market adheres to high disclosure and transparency standards in publishing financial data.
The Role of Digital Banking Services in Al Rajhi Bank's Growth
In recent years, Al Rajhi Bank has focused on enhancing its digital presence by developing electronic banking services. The bank has launched advanced platforms for online banking and smartphone applications, making it easier for customers to manage their accounts, make transfers, pay bills, and obtain financing products at the touch of a button.
These digital initiatives have contributed to an increase in the number of active customers, improved operational efficiency, and reduced service costs. They have also enabled the bank to expand into new markets and offer tailored advisory and investment services for individuals and businesses.
Digital services are among the key growth drivers for the bank, aligning with the global trend of digital transformation in the banking sector and supporting the bank's strategy to enhance customer experience and increase loyalty. These services also enhance the bank's ability to attract new customer segments, especially among youth and entrepreneurs.
Financial Solvency and Risk Management at Al Rajhi Bank
Al Rajhi Bank maintains high levels of financial solvency, exceeding the requirements set by the Saudi Arabian Monetary Authority (SAMA) regarding capital adequacy ratios. This solvency enables the bank to withstand sudden economic shocks and finance expansions and innovations without the need for continuous capital injections.
The bank follows strict risk management policies, including assessing customer creditworthiness, adhering to the latest international standards in operational and credit risk management, and conducting periodic stress tests to ensure financial stability in the face of fluctuations.
The bank is also committed to principles of transparency and disclosure, regularly publishing its quarterly and annual financial reports, which enhances investor and shareholder confidence in the stock's stability and investment viability.
How to Monitor Al Rajhi Bank Stock 1120 and Trading Procedures
You can easily monitor the performance of Al Rajhi Bank's stock (1120) through the Saudi financial market platforms (Tadawul), which provide a dedicated page for the stock displaying historical price data, official announcements, and the latest financial reports. You can directly access the stock page via the link: [/stocks/1120/].
To trade the stock, interested parties must open a trading account with a bank or brokerage firm licensed by the Capital Market Authority. It requires entering the stock code (1120) when executing buy or sell orders. You can also benefit from analyses published on financial news platforms and bank websites.
Periodic reports on the stock are available on sites like Tadawul, Argaam, Mubasher, and other Arab and global platforms. It is always advisable to review the bank's official reports in the investor relations section to obtain the latest financial data and regulatory disclosures.
Evaluating Al Rajhi Stock in Saudi Financial Market Indices
Al Rajhi Bank's stock (1120) is a cornerstone in the Saudi financial market indices, particularly the general Tadawul index and the banking sector index. This is attributed to its significant relative weight in calculating these indices due to its high market capitalization and the number of outstanding shares.
The stock's performance plays a pivotal role in the movement of the general index, as any change in the price of Al Rajhi's stock can clearly reflect on the market's overall direction. The stock is often used as an indicator of the banking sector's health and the Saudi economy in general among local and international investors.
Moreover, major Saudi banks are listed in global emerging market indices (such as MSCI), contributing to attracting direct foreign investments into stocks like Al Rajhi. The bank is keen to comply with the disclosure and governance requirements imposed by these indices to ensure the continuity of listing and the stock's attractiveness for institutional investment.
Conclusion
In summary, Al Rajhi Bank's stock under the symbol tadawul 1120 stands out as one of the most important and prominent stocks in the Saudi financial market, whether in terms of market capitalization, financial stability, trading volume, or liquidity. The bank's strong financial performance and continuous dividend distributions reflect management's commitment to enhancing shareholder value, while the bank's strength in risk management and adoption of the latest digital systems is evident. Conversely, the stock is subject to changing economic and market factors, and those interested in it should carefully study the official data and reports before making any financial decisions. The SIGMIX platform allows you to keep up with the latest developments and analyses regarding Al Rajhi's stock and the overall Saudi financial market. We remind you of the necessity to consult a licensed financial advisor before making any investment decisions to ensure their suitability for your personal goals and circumstances.
Frequently Asked Questions
tadawul 1120 is the stock symbol for Al Rajhi Bank in the Saudi financial market (Tadawul). When using this symbol on trading platforms or following financial news, it refers to the stock of Al Rajhi Bank, one of the largest and most well-known Islamic banks in the Kingdom of Saudi Arabia. This coding allows for easy tracking of the stock and executing buy and sell orders, as well as facilitating investors' analysis of financial performance and comparisons with other Saudi bank stocks.
Al Rajhi Bank's stock recorded relatively stable performance in 2024–2025, fluctuating between 100 and 107 Saudi Riyals, with a recent close at 107 Riyals. The stock maintained a high daily trading volume exceeding 2.8 million shares, confirming its high liquidity. The bank also announced attractive cash distributions for the fiscal year 2023, amounting to 5.00 Riyals per share, enhancing its appeal to investors seeking regular returns.
The key financial indicators for Al Rajhi Bank's stock (1120) include: closing price at 107.00 Riyals, market capitalization of approximately 265 billion Riyals, P/E ratio of 16.95, and an annual dividend yield of about 4.5%. The stock is characterized by high liquidity and a large average daily trading volume, ranking prominently among leading stocks in the Saudi financial market.
Al Rajhi Bank typically announces dividends twice a year after the annual general assembly. In 2023, total distributions amounted to 5.00 Riyals per share (2.50 Riyals per semi-annual). Profits are distributed to eligible shareholders according to market records on specified dates. The regular dividend distribution policy is one of the stock's prominent features and contributes to its stability and long-term attractiveness.
Al Rajhi Bank's main competitors include major banks in Saudi Arabia, such as the Saudi National Bank (SNB), Riyad Bank, Alinma Bank, and the Saudi British Bank (SABB). These banks compete in providing financing services, loans, investment, and asset management. Al Rajhi Bank distinguishes itself by fully relying on Islamic banking products and its strong presence in the local and regional market.
The performance of Al Rajhi Bank's stock is influenced by factors such as interest rates, economic growth in Saudi Arabia, oil prices, government policies and Vision 2030 programs, and the level of foreign investments in the market. The quality of management and the strength of the financial position also play a crucial role in the stock's stability and attractiveness within the Saudi banking sector.
You can follow news about Al Rajhi Bank's stock (1120) through its official page on the Saudi Tadawul website [/stocks/1120/], or through financial news sites like Argaam and Mubasher. To trade, you must open an account with a licensed bank or brokerage firm, then enter the stock code 1120 to execute buy and sell orders. It is advisable to review the bank's periodic reports and stay updated on market developments.
Like other leading stocks, Al Rajhi Bank's stock may be affected by economic crises or political changes, but the impact is usually limited due to strong capital, prudent risk management, and the vitality of the Saudi banking sector. During crises, demand for financing may change, but major banks often maintain their profit stability and liquidity.
Digital services play a prominent role in Al Rajhi Bank's growth strategy, as the bank has developed advanced electronic platforms and smartphone applications that facilitate banking operations and enhance service efficiency and the number of active customers. These initiatives align with the global digital transformation trend in the financial sector and enhance the bank's ability to expand and attract new customer segments.
Official information about Al Rajhi Bank's stock (1120) is available on the Saudi Tadawul website, on the dedicated stock page, as well as on the bank's official website in the investor relations section. Financial reports and regular updates are also published through trusted financial news sites like Argaam, Mubasher, and Bloomberg.