In 2024, alrajhi bank’s net income increased by 18.7% to $5.3 billion, an all-time high for the bank, and total assets grew by 20.6% to $259.8 billion. In September 2024, alrajhi bank acquired a 65% stake in the Saudi financial app (Drahim). As of December 2024, it served 18.5 million customers across 550 branches in Saudi Arabia, Jordan, Kuwait, and Malaysia. In January 2025, the bank signed a $666.7 million financing agreement with Tatweer and issued a $1.5 billion USD-denominated additional Tier 1 capital sustainable sukuk.