Saudi-based Bank AlJazira (BAJ) commenced business in 1976, with the takeover of The National Bank of Pakistan’s (NBP) branches in the Kingdom. The bank became profitable in 1997, and a year later, the lender’s board decided to convert BAJ from conventional banking into shari’a-compliant banking.
As of January this year, the bank’s network includes 72 branches including 18 female dedicated sections.