# Bank Aljazira Posts 20.4% Rise in Q3 2026 Net Financing Income to SAR 856 Million

> Bank Aljazira's net financing income climbed 20.4% year-on-year to SAR 856 million in Q3 2026, the key factor Argaam cited in the bank's quarterly results.

- Published: 2026-11-12T10:07:45+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-12/bank-aljazira-q3-2026-net-financing-income
- Source: [Argaam](https://www.argaam.com/en/article/articledetail/id/1953162)

## Key takeaways

- Bank Aljazira's net financing income rose 20.4% year-on-year to SAR 856 million in Q3 2026.
- The bank reported net financing and investment income of SAR 842 million in Q2 2026, up 10.5% year-on-year.
- Bank Aljazira will redeem SAR 2 billion of Tier 2 sukuk at par on December 8, 2026.

[Bank Aljazira](https://akta.pro/company-profiles/0000ivo/bank-aljazira)'s net financing income rose 20.4% year-on-year to SAR 856 million in Q3 2026, the figure the bank presented as the main driver of its quarterly results. [Argaam](https://www.argaam.com/en/article/articledetail/id/1953162) published the disclosure on November 12, 2026.

## Inside Bank Aljazira's Q3 2026 Financing Income

Bank Aljazira is a Saudi-listed Islamic bank headquartered in Jeddah that offers Sharia-compliant retail, SME, corporate and treasury banking under Saudi Central Bank supervision. The Q3 2026 net financing income of SAR 856 million compares with the year-earlier quarter on a 20.4% increase.

The same measure reached SAR 842 million in Q2 2026, a 10.5% year-on-year rise, according to Argaam's August 12, 2026 report on that quarter. The Q3 figure is the only metric the bank highlighted in the November 12 disclosure as the key factor behind the quarter's results.

## Bank Aljazira's Capital and Funding Record

According to akta.pro [company records](https://akta.pro/company-data), Bank Aljazira has a paid-in capital of 12,812,500,000 SAR and operates in Saudi Arabia under Saudi Central Bank supervision. The same records list two post-IPO debt funding rounds of $500 million each, in September 2025 and June 2026.

The records also list recent product launches, including the AlJazira Mobile App for account management, transfers, SADAD bill payments and Mada card controls, and digital self-service account opening for individuals and sole proprietorships through the AlJazira Online portal.

## Sukuk Redemption and Guidance Before the Results

On November 10, 2026, Argaam reported that Bank Aljazira will redeem all of its SAR-denominated Tier 2 sukuk, worth SAR 2 billion, on December 8, 2026 at par value, cutting the outstanding amount to zero. The sukuk was originally due in 2031.

Argaam reported on November 5, 2026 that the bank launched a SAR-denominated Tier 2 capital sukuk private placement running from November 5 to December 6, 2026, with a minimum subscription of SAR 1 million and a 10-year maturity. On November 4, 2026, Argaam reported that management lowered its 2026 net interest margin guidance to 2%-2.04% and cut its cost-of-risk guidance.

## Bank Aljazira's December 8 Redemption Date

The Tier 2 sukuk redemption is scheduled for December 8, 2026, and the private placement of new Tier 2 capital sukuk closes on December 6, 2026, both per Argaam's reports.

## Companies in this story

- [Bank Aljazira company profile](https://akta.pro/company-profiles/0000ivo/bank-aljazira) · website: https://www.aljazirabank.com.sa/ar-sa

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