16. Bank Albilad

Country: Saudi Arabia
CEO: Abdulaziz Mohammed Alonaizan
Market value: $9.5 billion

Established in 2004, Bank Albilad provides Shariah-compliant banking services. It operates through 105 branches and employs 4,494 people across Saudi Arabia. The bank’s total assets were worth $34.5 billion in 2022, an increase of 16.9% compared to 2021, while its net profits increased 23.4% to $555.1 million. In August 2022, Bank Albilad established the Enjaz Payment Services Company with a share capital of $53.3 million. It also owns the Albilad Investment Company and the Albilad Real Estate Company.