In 2024, alrajhi bank issued $1 billion in Sustainable Sukuk under global green finance frameworks, targeting renewable energy and social projects. It generated 1.5 MW of solar power and reduced energy use by installing 15,000 LED lights, 300 programmable timers, and 7,200 sq. meters of thermal insulation. As of 2024, it has allocated $7.75 billion across seven green categories. alrajhi bank’s Environmental (ESG) rating by Morgan Stanley Capital International was upgraded from A to AA. Al-Mogbel assumed his role as CEO in 2020 and as managing director and board director in 2022.