Alinma Isnad Company

Established in 2019, Alinma Isnad Company began its operations at the onset of the year 2020.

Business activities

• Providing outsourced employment services for Alinma Bank and its subsidiaries
• Controlling and reducing overhead costs
• Improving Saudization of Alinma Bank and its subsidiaries
• Enhancing quality and service of the businesses
• Risk Control

Capital structure

Alinma Isnad Company has nominal and paid up capital of SAR 500,000.

Achievements

The subsidiary successfully achieved a number of key strategic objectives and performance metrics earlier than projected, highlighting the subsidiary’s strong performance for the reporting period.

Financial performance

The Company made a profit of SAR 7,827,868 in 2022, compared to a return of SAR 1,996,705 the previous year.