Alinma Bank announces its Interim Financial Results for the Period Ending on 2026-06-30 ( Six Months )

Alinma Bank reported a net profit attributable to shareholders of SAR 3.27 billion for the first half of 2026, representing a 6.2% increase from the SAR 3.08 billion recorded in the same period last year.
Total operating income for the six-month period grew by 6.6% year-on-year to SAR 6.14 billion, driven primarily by a 10.4% rise in net income from financing and investments and higher FVIS income, which helped offset lower fee and exchange income.
Quarterly net profit of SAR 1.60 billion grew 1.4% compared to the same quarter last year but fell 5.0% sequentially from Q1 2026, primarily due to a 157% quarter-on-quarter spike in expected credit loss (ECL) provisions to SAR 400 million.
The bank's balance sheet showed robust growth as of June 30, 2026, with total assets increasing 10.8% year-on-year to SAR 329.3 billion, supported by an 11.6% expansion in the financing and investment portfolio to SAR 243.9 billion.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Total Income From Special Commission of Financing	3,947.9	3,665	7.718	3,813.3	3.529
Total Income From Special Commission of Investment	635.1	589.4	7.753	605.4	4.905
Net Income From Special Commission of Financing	2,196.5	1,957.1	12.232	2,136	2.832
Net Income From Special Commission of Investment	353.4	314.7	12.297	339.1	4.217
Total Operations Profit (Loss)	3,128.4	2,946.6	6.169	3,009.7	3.943
Net Profit (Loss) before Zakat and Income Tax	1,778.6	1,747.5	1.779	1,871.5	-4.963
Net Profit (Loss) Attributable to Shareholders of the Issuer	1,595.2	1,573.3	1.391	1,678.5	-4.962
Total Comprehensive Income Attributable to Shareholders of the Issuer	1,619	1,483.5	9.133	1,569.3	3.167
Total Operating Expenses Before Provisions for Credit and Other Losses	949.8	917.3	3.543	982.5	-3.328
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	400	281.3	42.196	155.7	156.904
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Income From Special Commission of Financing	7,761.2	7,215.4	7.564
Total Income From Special Commission of Investment	1,240.5	1,156.5	7.263
Net Income From Special Commission of Financing	4,332.6	3,925.6	10.367
Net Income From Special Commission of Investment	692.5	629.2	10.06
Total Operations Profit (Loss)	6,138.1	5,760.3	6.558
Net Profit (Loss) before Zakat and Income Tax	3,650.1	3,428.9	6.451
Net Profit (Loss) Attributable to Shareholders of the Issuer	3,273.7	3,081.3	6.244
Total Comprehensive Income Attributable to Shareholders of the Issuer	3,188.1	3,181.1	0.22
Assets	329,287.4	297,216.4	10.79
Investments	56,616.9	51,639.5	9.638
Loans And Advances Portfolio (Financing And Investment)	243,911.2	218,596.2	11.58
Clients' deposits	245,254.2	229,944.2	6.658
Total Shareholders Equity (after Deducting Minority Equity)	50,124.5	44,774.6	11.948
Total Operating Expenses Before Provisions for Credit and Other Losses	1,932.3	1,822.2	6.042
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	555.7	507.6	9.475
Profit (Loss) per Share	0.98	0.96
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in special commission income during the current quarter compared to the same quarter of the last year is	Income from investments and financing increased mainly due to growth in financing and investments volume.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net income increased due to the increase in total operating income by 6.2%, mainly due to the increase in net income from financing and investment and FVIS income, partly offset with the lower exchange income, fee income and other operating income.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the same quarter of the last year is	The increase in impairment charge on financing and other financial assets during the current quarter compared to similar quarter last year is attributable to the growth in financing and investment portfolio.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is	Income from investments and financing increased mainly due to growth in financing and investments volume.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is	Net income decreased due to the increase provision for expected credit losses expense by 157% partly offset with the growth in total operating income by 3.9% due to the increase in net income from financing and investment, exchange income, FVIS income and other operating income.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the previous quarter is	The increase in impairment charge on financing and other financial assets during the current quarter compared to previous quarter is mainly due to receives form written-off accounts during previous quarter and the growth in financing and investment portfolio.
The reason of the increase (decrease) in special commission income during the current period compared to the same period of the last year is	Income from investments and financing increased mainly due to growth in financing and investments volume.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net income increased due to the increase in total operating income by 6.6%, mainly due to the increase in net income from financing and investment and FVIS income, partly offset with the lower fee income, exchange income and other operating income.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current period compared to the same period of the last year is	The increase in impairment charge on financing and other financial assets during the current period compared to similar period last year is mainly due to growth in financing and investment portfolio.
Statement of the type of external auditor's report	Unmodified Conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None
Reclassification of Comparison Items	Some items have been reclassified.
Additional Information	For the calculation of earnings per share, 14.8 million treasury shares have been excluded. Earnings per share is calculated by dividing the net income after zakat for the period ended 30 June 2026 and 30 June 2025 (adjusted for Tier 1 Sukuk costs) by the weighted average number of outstanding shares, which reached 2,988.5 million shares (2025: 2,984.2 million shares).