Minimum Amount
100,000 SAR
Duration
ranging from one week to one year
Annual Interest Rate
No Interest
Interest Paid
Saving Certificates (Local Currency)
Saudi National Bank - Khayrat AlAhli
Requirements
"Khayrat AlAhli is an investment product based on the principles of Murabaha and is Shariah compliant. You the customer purchase commodities then sell them to SNB at an agreed price (including profits) to be settled at a deferred date.
"
Features:
1- Shariah compliance
2- Secure capital with profits
3- SNB's commitment to purchase the commodities
4- Investment in the Saudi Riyal, Euro, British Pound and US Dollar
5- Flexible investment periods ranging from one week to one year
6-Minimum investment of SAR 100,000 or its equivalent in other currencies
Alinma Bank - Nama Product
Minimum Amount
SAR 50,000
Duration
Starting from 7 days Up 10 Years.
Annual Interest Rate
Starting from 5.11% Up 5.68% (depending on duration)
Interest Paid
Description :
At Alinma Bank, we strive to improve your finances through our Nama Product in order to offer you excellent returns on your investment. We offer you all of that and more through our fully Shariah-compliant product, saving you time and effort in your endeavor to generate better returns with greater peace of mind
Documents required:
• National ID card / residence visa.
• Open current account.
Features:
- Long-term investments (starting from SAR 50,000) have a minimum duration of 3 months.
- Short-term investments (starting from SAR 200,000) have a minimum duration of one month.
- Enjoy flexibility in investment, with returns varying based on investment amounts and periods.
- Invest any working day with ease.
- Returns are calculated daily and paid on the due date, beginning after one month for short-term investments and three months for long-term investments.
- Open to both Saudis and residents.
- Invest the Nama product to the Saudi riyal currency through the bank's e-channels and branches.
- The Nama product provides the option to invest with various currencies through the bank's branches.
- The funds of this product shall be invested in an investment pool that is mainly composed of non-zakat assets, assets the Zakat of which is paid by a third part, or both. Accordingly, this pool shall not be subject to Zakat
Alinma Bank - Istithmar Program
Minimum Amount
SAR 25,000
Duration
3-15 years
Annual Interest Rate
Interest Paid
Description :
Alinma’s Istithmar program is your Shariah-compliant solution for investment. By investing a lump sum, you are able to work toward your investment objectives with Alinma’s innovative, respectful assistance by your side.
Features:
·
A
financial plan that offers a diverse package combining investment, savings, and
protection, aligned with your goals.
·
You
can start your investment with a minimum of SAR 25,000.
·
Flexibility
in program duration, ranging from 3 to 15 years.
·
Coverage
in the event of natural death, ranging from SAR 15,000 to SAR 250,000.
·
The
option to invest your savings in a variety of investment strategies tailored
for protection and savings products, managed by Alinma Investment.
·
The
program lasts up to 15 years or until the beneficiary reaches the age of 70,
whichever comes first.
·
A
21-day option period; if you're not satisfied with the service, you can cancel
the policy and receive a refund of the subscription amount, minus any
applicable fees.
Alinma Bank - Gold Savings Program
Minimum Amount
SAR 500 monthly
Duration
Annual Interest Rate
Interest Paid
Description :
Alinma Bank understands that, in life, planning for milestones is important, especially retirement. Whatever your goals, the Gold Savings Program helps you plan for a comfortable retirement, while ensuring financial protection for your family in the event of death or disability. The Gold Savings Program is an ideal, Shariah-compliant way to plan for your retirement.
Features:
· Earn 10,000 points with “Akthr” loyalty program.
· Plan for your future with a range of savings, protection, and investment packages tailored to your goals.
· In case of death or disability, the coverage can reach up to SAR 150,000.
· Enjoy flexible monthly deductions starting from SAR 500.
· The minimum subscription period is 5 years.
· Partial withdrawal of 25% of the total program value is allowed after completing 36 months.
· The program ends after a maximum of 15 years or when the beneficiary turns 70.
· Enjoy a 21-day free trial—if you’re not satisfied, you can cancel and receive a refund, minus any other expenses.
Alinma Bank - Platinum Savings Program
Minimum Amount
SAR 500 monthly
Duration
Annual Interest Rate
Interest Paid
Description :
Whether you are planning for a comfortable retirement or are working toward a sizable retirement fund, the Platinum Savings Program is designed to provide you with necessary flexibility to realize your personal goals. This Shariah-compliant program will enable you to be financially prepared for the future while ensuring financial protection for yourself and your family. With the Platinum Savings Program, you can have peace of mind and confidence that your finances are in good hands.
Features:
· Earn 10,000 points with “Akthr” loyalty program.
· Program provides long-term savings with a specific maturity date
· Flexible monthly deduction starting from SAR 500
· The minimum subscription is 5 years.
· Coverage up to SAR 10,000,000 in the event death
· Partial withdrawal of 25% of the total program values after
completing 36 months.
· Free, 21-day trial period. If you are dissatisfied for any reason,
you may return the policy and have the subscription amount, less any costs,
refunded to you.