You own the recording
Nothing is published without your sign-off, and you can withdraw it at any time — including years from now.
Al Rajhi BankAlumni · Built By Icons
A private network for the people who built Al Rajhi Bank — from the exchange houses of Riyadh to the largest Islamic bank in the world — to find each other again, to put on the record how it was actually done, and to be reachable by whoever tries to build something like it next.
Why now
It began at a market stall in Riyadh in the late 1930s, changing money for pilgrims and for workers sending wages home. Saleh bin Abdulaziz Al Rajhi started it; his brothers Sulaiman, Abdullah and Mohammed followed. The year the bank counts from is 1957. Only on 29 June 1987, by Royal Decree No. M/59, did it become a bank at all.
Today it holds about $260 billion in assets — the largest Islamic bank in the world, more than double the bank in second place, Kuwait Finance House. Twenty-three thousand staff, 512 branches, 14.8 million active digital users and roughly a billion transactions a month, on a model that never used interest at all.
And yet the record is close to empty. How the exchange business actually worked. How a family trade became a licensed joint-stock bank between 1978 and 1988. How the products were structured and approved when no working model existed at that scale. When Kuwait and Jordan opened. Who chaired the bank in the twenty-one years before 2008. None of it is in any public source, in either language.
The people who know are reachable, and some are very old. Sulaiman Al Rajhi is ninety-seven. Anyone who worked in the exchange houses before 1978 is in their eighties. And Al Rajhi Bank has no alumni network of any kind — search for one and what comes back is scraped employee directories sold to recruiters.
Legacy
The archives hold what was produced. They hold almost nothing about how a bureau was opened, what was argued about the week before a launch, or what any of it cost internally. That sits in a few hundred heads, and there is no other copy.
One hour, once. A recorded conversation about something you made happen — what the problem was, what you decided, what it cost, what you would do differently. Not a CV, and not an interview about the industry.
Nothing is published without your sign-off, and you can withdraw it at any time — including years from now.
Your period, your function, what you built. Thirty minutes to add.
Attached to the moment you were part of, so you are found by people looking for that moment.
You choose what is visible, and to whom. Nothing is public because we put it there.
Impact
An archive nobody can query is a cupboard. Somebody is about to attempt what you already did.
A ministry establishing a news network. A central bank licensing its first Islamic institution. A university building a research arm from nothing. A founder opening a bureau in a city where the rules are unwritten. Every one of those problems has already been solved — by someone who is no longer asked.
A question about how something was done returns the answer of the person who did it, attributed, in their own words.
The person looking for you does not know your name. They know what they are stuck on.
From being quoted, to a single call, to sitting on the team that builds the thing.
Where it goes
The directory is not a memorial. It is where the people who need what you know come to find you — and every approach reaches us first, never you directly.
An hour of your judgement, at a rate you set. Someone building the same thing pays to skip a year of mistakes.
Longer engagements assembled around a brief. You take the ones that suit you and decline the rest.
Producers looking for someone who was actually in the room, not another commentator.
Conferences and internal sessions that want the person who made the decision, not a summary of it.
Institutions that need someone who has already been through what they are about to attempt.
Journalists who would rather get it right than get it first.
Someone thirty years behind you, asking the questions you once asked.
Teaching the method to the people who will need it next.
You set a rate regardless, for two reasons that have nothing to do with income. It filters out unserious requests. And it protects everyone behind you: if the most senior people work for nothing, the market for the people thirty years younger collapses. Where the fee then goes is a separate decision, and it is yours.
The default. No explanation required, and none asked for.
Paid directly to a charity, hospital, university or scholarship you nominate. It never touches your account.
Fees accumulate into something permanent — a scholarship, a prize, a fellowship that carries your name.
A stated number of hours a year to institutions that cannot pay. Shown on your profile as a commitment.
Your email is never published and never sold. Every request comes to us, reaches you with the sender’s identity withheld, and goes no further unless you say yes. You set your own rate and keep 70% of every advisory fee.
Six ways to take part
Most members start with one and add another later. None of them requires you to be looking for anything.
Add your name, your period and your function to the founding directory.
One profile. Thirty minutes.Record one interview about something you built or lived through.
One hour, once.Take occasional paid advisory calls in your area of expertise.
You set the availability.Join an assembled team on a commissioned build.
By mandate, when it suits you.Guide someone earlier in the career you already had.
A few hours a quarter.Name the people who must be in this network, and open the door.
Introductions only.What we promise you
This is the part that matters most, and it is not negotiable.
The expertise we are assembling
Most networks collect the executives and stop there. The people who made Al Rajhi work were spread across every one of these, and the ones hardest to find are rarely the ones whose names appear in the annual report.
Anyone who worked in the money-changing houses before 1978 — the pilgrim season, the remittance corridors, credit extended and recovered without contracts.
Fatwa and compliance, and the design of murabaha, ijara and tawarruq as products that could actually be sold at national scale.
Five hundred branches across the Kingdom, and the deposit base underneath them.
Financing companies and projects without an interest rate to price from.
Liquidity, sukuk, and managing a balance sheet approaching a trillion riyals.
The rebuild that produced 14.8 million digital users and a billion transactions a month — one of the largest such programmes anywhere.
Regulation, correspondent relationships, and a decade of American litigation.
Malaysia from 2006, then Kuwait and Jordan — exporting a model built for one market into three others.
The full history
Era by era, with the difficult chapters, the people who built it, and — at the end — an explicit list of the questions no public source can answer. That last section is the reason this page exists.
What we are asking for
Join the founding directory: your period, your function, what you built. Thirty minutes.
Sit for one recorded conversation about something you made happen. It becomes part of the archive.
Name three people who must be in this network — and, if you can, make the introduction.
The founding directory
Members who asked to be listed publicly. Everyone else is here too, privately.
No names yet. The first will appear here as members are approved.
Tell us what you need. We pass it to them with your name withheld, and they decide whether to take it further. We come back to you either way.
Add your name
Al Rajhi Bank
Five questions, about ten minutes. Nothing you write here is published — it goes to the directory, private by default.
Al Rajhi Alumni is an independent initiative created by former colleagues. It is not affiliated with, endorsed by, or a property of Al Rajhi Bank. The Al Rajhi name is used here only to describe who this community is for. If the bank chooses to support the project, that relationship will be stated openly on this page.
If you helped build any of this, you belong here — and so do the people you worked with. Please pass the link on.