Al-Rajhi Commercial Est. For Exchange
Not to be confused with Al-Rajhi Bank in Saudi Arabia.
 

 
It seems like Al Rajhi Commercial Establishment for foreign Exchange start operating from Jeddah in 1975 and by 1986 it had 32 branches all over in the Kingdom of Saudi Arabia, as shown by counting smaller dots in the three circles and large dots on the coin. Jeddah alone has 10 dots (branches) in the circle and remaining 22 dots (branches) in other cities. This medallic coin is .925Ag having a weight of one ounce with medal alignment.
Bank Albilad was established [a Saudi joint stock company, established vide Royal Decree 48/M on 21/9/1425 AH (corresponding to 04th November 2004) with a corporate capital of 3,000,000,000 Saudi Riyals] by merging eight leading money exchangers in the country including Muhammad & Abdullah Ibrahim Al-Subaie Company, Al-Muqairen Money Exchange, Al-Rajhi Trading Est., and Al-Rajhi Commercial Foreign Exchange. Al-Biladís founders will have a 50 percent stake in the bank.
Muhammad & Abdullah Ibrahim Al-Subaie Company holds the lionís share of 42 percent in Bank Albilad while Al-Muqairen Money Exchange holds 18 percent, Al-Rajhi Commercial Foreign Exchange 16 percent, and Al-Rajhi Trading Est. 14 percent. Other partners Muhammad Saleh Sairafi Est. will have a five percent stake in the bank while Injaz Money Exchange (Yousuf Abdul Wahab Niamatullah Company) will hold three percent, Abdul Mohsen Saleh Al-Amri Est. and Ali Hazza & Partners for Trade and Money Exchange one percent each.
 
 
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Chiefa Coins