Bank Albilad
Shariah-compliant bank with a large money-transfer business (Enjaz).
ACTIVITIES CLEARED FOR
WHY THERE IS NO ACTIVITY LIST
HOW TO ENGAGE
2 ROUTESPartnership conversations start with the innovation or digital team, not the branch network. Procurement and risk review follow, and they are the long part.
Commercial partnership
Distribution, sponsorship, or balance sheet access. The commercial agreement is quick; third-party risk review and security assessment are not.
WHAT YOU WILL BE ASKED FOR
- Your own licence, or a clear basis for operating under theirs
- Third-party risk pack — security, continuity, data handling
- Reference customers and volume evidence
- Patience through procurement
VIA THE DIGITAL OR INNOVATION TEAM · TYPICAL TIMEFRAME 6–18 MONTHS TO LIVE
Sponsored access to rails
Operating under the bank’s permission while you build toward your own. Faster to market, and it makes their supervisor effectively yours.
WHAT YOU WILL BE ASKED FOR
- Acceptance that their compliance obligations become your operating constraints
- Integration and settlement capability
- A credible path to your own permission
VIA THE PAYMENTS OR TRANSACTION BANKING TEAM · TYPICAL TIMEFRAME 9–18 MONTHS