Alinma Bank (ALINMA:TADAWUL) reported net profits of SAR6.4bn ($1.71bn) for 2025, a 9.7% increase from the previous year, driven by growth in net income from financing and investment, banking service fee income and fair value gains on investments, offset by lower foreign exchange income and dividend income, the bank announced on January 28.

Total special commission income from financing reached SAR15bn ($4bn), up 5.99% from 2024, whilst total special commission income from investments rose 18.23% to SAR2.4bn ($640mn), according to a statement published on Tadawul.

The bank excluded 12.8mn shares as treasury shares when calculating earnings per share. Earnings per share for the period ended December 31, 2025 and December 31, 2024 were calculated by dividing net income for the period after zakat, adjusted after deducting costs related to the first tranche of sukuk, by the weighted average number of outstanding shares for the period.

The board of directors recommended increasing the bank's capital by 20%, from SAR25bn ($6.67bn) to SAR30bn ($8bn), to strengthen the bank's solvency and retain its resources. New shares will be issued at a ratio of one share for every five existing shares, raising the total number of shares from 2.5bn to 3bn. The bank will use SAR5bn ($1.33bn) from statutory reserves and retained earnings for the capitalisation.

Eligibility for bonus shares will be for shareholders registered with the Depository Centre at the end of the second trading day following the extraordinary general assembly, for which a date has not yet been announced. Fractional shares resulting from the capital increase will be aggregated and sold at market price, with proceeds distributed to shareholders within no more than 30 days.

Alinma Bank raised $500mn from a second tranche international sukuk issuance for general banking purposes in November 2025, with an annual return of 5.8%.

Alinma Bank, founded in 2006, has a market capitalisation of SAR68.6bn ($18.3bn). The Public Investment Fund holds a 10% stake in the bank's capital. The bank operates in all banking and investment activities compliant with sharia principles and regulations.