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News & Events

Monday, November 17, 2014


This year, AJIL Financial Services Company introduced the “Cross Country Talent Development Program” (CCTD), which aims to recognize up and coming members of the AJIL team while facilitating their continued growth and development through intensive training programs.  This program is another example of AJIL’s commitment to investing in the future.

Tuesday, April 10, 2012

AJIL Financial Services Company C.J.S.C. has successfully issued its first off-balance sheet Sukuk in the Kingdom of Saudi Arabia for 500 million Saudi Riyals. The inaugural Sukuk was priced at 3 month SAIBOR plus 80 basis points with an Issue Price at par.

The Sukuk is issued by AJIL Cayman, a limited liability special purpose company incorporated in the Cayman Islands. The Sukuk holders will also benefit from a purchase undertaking issued by Riyad Capital and Gulf International Bank BSC, the first time such a credit enhanced structure has been employed in the Saudi domestic capital markets.

Wednesday, November 3, 2010

AJIL Financial Services Company (AJIL), the Kingdom’s leading leasing solution provider and Juffali Printing Systems Limited (JPS) have entered into a syndicate agreement to provide capital asset lease finance for JPS customers. Addressing the signing ceremony here in Jeddah, Mr. Usman Mahmood, CEO of AJIL highlighted the role of the Small & Medium Enterprise (SME) sector in developing and growing national economies.

Monday, September 27, 2010

National Commercial Bank and AJIL Financial Services recently concluded a securitization agreement to the tune of SR 600 Million at the company’s Headquarters Office in Jeddah, Saudi Arabia. The agreement was signed by AlSharif Khalid AlGhalib, Senior Executive Vice President, who heads the Corporate Sector of NCB and Waleed Y Zahid, Chairman of the Board of AJIL, in the presence of senior officials of both the bank and the company.

Sunday, February 14, 2010

AJIL recently hosted a number of annual Sales events in the Kingdom. The first was held in the Eastern Region at the Gulf Meridien, the second was held in the Central Region at the Sheraton Hotel, and the third took place in the Western Region at the Park Hyatt.

These events were presided over by Mr. Usman Mahmood, CEO and Mr. Azaz Ahmed, General Manager of the company. AJIL’s marketing and sales staff were acknowledged for meeting or exceeding targets. A number of members of the sales team received awards for being the highest achievers in their respective regions.