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Islamic Banking

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Having access to Shari’a compliant products and services with financial solutions.
Riyad Bank offers a special line of Islamic banking products and services that cater to all expectations and aspects of banking.

Riyad Bank’s Shari’a compliant products and services cater for various aspects of banking ranging from everyday transactions to financing, investments for individuals, and corporate customers.

Riyad Bank Islamic Banking Management is a professional department responsible for providing appropriate solutions, consultations for planning, following-up execution and developing Islamic banking activities. Moreover that occurs in coordination with the relevant bodies in line with the strategic trends and business plans. In addition to developing and offering Shari’a compliant banking products and services, Riyad Bank follows up implementation by the assistance of pioneer professionals.

Shari’a Committee:

Riyad Bank’s independent Shari’a Committee is headed by respectful scholars, who revise the Islamic banking products to verify their compliance with the Shari’a law.

The Committee states the Shari’a judgment on Riyad Bank’s Islamic products and services and renders Shari’a based opinions and decisions upon them.

The Shari’a Committee in Riyad Bank consists of

Asset Publisher

Back His Excellency / Prof. Abdulrahman bin Abdullah Al-Sanad

His Excellency / Prof. Abdulrahman bin Abdullah Al-Sanad

  • Head of Shariah Committee
  • Independence :independent

Chairman of the Sharia Committee at Riyad Bank since 2024, holds a PHD in comparative jurisprudence from the Higher Institute of Judiciary at Imam Muhammad bin Saud Islamic University, holds the position of the General President of the Commission for the Promotion of Virtue and Prevention of Vice with the rank of minister, has many publications and research papers on Sharia transactions, and previously served as Director of the Islamic University and Dean of the Higher Institute of the Judiciary, and Head of the Sharia Boards of several commercial companies.

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