We at Bank Albilad believe that social responsibility is “an ethical, legal, and religious commitment from the bank toward our community, to achieve its solidarity and help protect its interests, from social, environmental and economic aspects”. The bank has therefore translated its CSR policy which was approved by the general assemblyon the ground, where the bank has provided and supported several initiatives and projects relating to society and reserving the environment that supports sustainable development. Wasseya App: As a part of Bank Albilad social responsibility initiatives, the bank has developed Wasseya app to promote the culture of writing wills and reviving this Prophetic Sunnah in society. Given the importance of avoiding legal mistakes in writing a will, the Bank has cooperated with WAQEF Center “Wills and Endowments Experts Center” to provide legal counselling for wills written through this application Fathkrony App: As a part of our social responsibility, Bank Albilad has developed Fathkrony App, the ultimate App any Muslim may need. Featuring the full Quran with Arabic scripts, Prayers time according to your location, Qibla locator, an Islamic Hijri calendar, etc.. Grand Mosque Pilgrims Service Project: Bank Albilad sponsored the scouts’ camps during the pilgrimage season. We served the Grand Mosque pilgrims and distributed more than one million cans of water and juice to the pilgrims at the holy sites. Ramadan Basket: Al-Bilad Ramadan Basket, a voluntary initiative to prepare and distribute food baskets to a number of charities and families in need by the ambassadors of Bank Albilad coinciding with the entry of the holy month of Ramadan Sponsoring the “Ajyal Hifz Alnima” Program: Sponsoring the “Ajyal Hifz Alnima” Program, in cooperation with the “Eta’am” Association, which aims to educate young people about the importance of saving food and reducing their wasteful. Supporting patients with needs with a variety of medical devices in cooperation with the Patients Friends Committee: Educational media campaign Conducting educational media campaign for the mortgage finance issues based on the Islamic economy principles through publishing short videos for each issue separately. Supporting Tarahum Program: Bank Albilad has supported Financially the National Committee for the Welfare of Prisoners and their Families Providing winter clothing to students: Providing winter clothing to students in the northern region’s public schools during winter season. Bank Albilad’s E-Commerce Research Chair: Establishing “Bank Albilad’s E-Commerce Research Chair” in cooperation with the Saudi Electronic University, which aims to achieve leadership and scientific advancement in the field of research and studies for the development of applications in e-commerce. Participating in the Ministry of Education’s program: Participating in the Ministry of Education’s program “Your Job Your Expedition” to employ a number of the program graduates in the Bank after obtaining a college degree. Greeting injured soldiers stationed at the Southern border during Eid Al-Fitr: Greeting injured soldiers stationed at the Southern border during Eid Al-Fitr; as the injured soldiers admitted at the Military Hospital in the South were visited by the Southern RegionBranch Manager and a number of the Bank Albilad’s ambassadors, who have greeted about 60 injured heroes of the Southern border during Eid Al-Fitr and have given them bouquets of roses and chocolate. Sponsoring the “Ajyal Hifz Alnima” Program: Sponsoring the “Ajyal Hifz Alnima” Program, in cooperation with the “Eta’am” Association, which aims to educate young people about the importance of saving food and reducing their wasteful.
Objective and Market focus
The objective of Bank Albilad is to provide all Islamic Sharia compliant banking services. The bank has, as part of its organizational structure, a Sharia Department to be in charge of the follow-up and monitoring of the implementation of the Sharia decisions issued by the Sharia Committee.
