Minimum Balance
10 Gold Grams = 6 SAR
Currencies
Gold Grams
Monthly Fee
12.50 SAR
Interest Rate
Current account with return
Saudi National Bank - Gold Account
Summery:
Benefit from the opportunity to start saving and investing in Gold, through the first account of its kind in the Kingdom.
Documents required
1- original passport plus a copy.
2- A copy of your iqama or visa page.
3- A letter of no-objection from your employer or sponsor
Eligibility
The service is available to all individuals, citizens and residents of Saudi Arabia over 18 years old.
Features:
1- Shariah Compliant
2- No transaction required to open account
3- Competitive Pricing
4- Buy / Sell or Withdraw Gold Bullion
5- Currency: Gold Grams
6- Available through AlAhli Online and AlAhli Mobile
Arab National Bank - Almubarak Murabaha Investment Account
Minimum Balance
SAR 50,000 (or equivalent amount in other currencies)
Currencies
Saudi Riyal, Euro, US Dollar, GBP
Monthly Fee
Interest Rate
Description :
Almubarak Murabaha Investment Account provides an attractive investment tool to those customers who are looking for Sharia compliant investment solution. This commodity investment account is a perfect alternative to conventional time deposits for secure and short to mid term investments
Fees & Costs:
• Opening current account: Free
• Required amount to open an account: Not required
• Balance falling less than required limit: Not Applicable
• SMS Notification alert: Free
• Monthly statement by regular mail or email electronically: Free
• Account statement less than one year via branch: SAR 28.75
• Account statement from one year to five years via branch: SAR 34.50
• Account statement more than five years via branch: SAR 57.50
• Buying / Selling foreign currency: Published board rate
• Cash withdrawal or deposit via branch: Free
Eligibility:
This investment product is available for Saudi individuals, expatriates, corporate and establishments.
Documents required:
• Saudi ID or Iqama.
• Completing the application form.
Benefits:
• Minimum investment amount is SR 50,000 (or equivalent amount in other currencies).
• Competitive rate.
• Available in Saudi Riyals and other major currencies.
• Choice of various investment periods to suit your needs, ranging from 1 month to 3 years.
• Option to renew your investment without visiting the branch, through assigning power of attorney.
• Flexibility to withdraw partial investment amount before the completion of investment period.*
• Confirmation Advice of your investment in Arabic or English.
• The profit margin may increase for the investor with the increase of the investment amount and period
• This investment product is available for Saudi individuals, expatriates, corporate and establishments.
First Abu Dhabi Bank Saudi Arabia - Ithmar Deposit Account
Minimum Balance
SAR 5,000
Currencies
Monthly Fee
Interest Rate
Description :
A Shariah-compliant SAR Current Account with competitive anticipated profit rates which go higher every time your average balances increases.
Eligibility:
• Individuals - Saudis, residents and GCC.
• Small and medium enterprises in KSA.
Documents required:
Open a FAB account.
Benefits:
• Shariah-compliant Current Account which pays competitive anticipated profit rates based on the performance of Mudaraba pool.
• Low minimum balance requirement - SAR 5,000.
بنك البلاد - حساب البلاد (حساب بنكي بعوائد شهرية)
Minimum Balance
Currencies
Monthly Fee
Interest Rate