Savings Account

Al Rajhi Bank - Future Account

Minimum Balance

Minimum Salary

Opening Balance

Annual Rate

Monthly Fee

No

Description :

The Future Account is a saving plan account in accordance with Islamic Sharia in which the customer sets a monthly amount automatically deducted from the customer's current account, and the system calculates the expected profits based on the savings period.

Eligibility:

Existing current account with Al Rajhi bank.

Features:

• Automatic savings where monthly payments are deducted on specified dates by the customer. 

• Competitive profit rates 

• Fully digitalized account that is opened and managed through the Al Rajhi Bank app. 

• Achieving savings goals with the flexibility of setting duration, amount of deduction and obtaining expected profits in accordance with Islamic Sharia. 

• The possibility of creating or cancelling saving accounts at any time without fees. 

• If the amount is not available in the account on the date of the monthly payment deduction, the customer can add a balance to the future savings account at a later date. 

• Payments are transferred monthly from the current account to the future account until the goal amount is reached.

Al Rajhi Bank - Awaeed Account

Minimum Balance

SAR 50000

Minimum Salary

Opening Balance

Annual Rate

Monthly Fee

No

Description :

Awaeed is an investment product dedicated to help Alrajhi customers to reach their financial goals and increase their capital in investment on the short and med terms with almost non-risky investment.

Benefits:

Completely digital experience where an account can be opened and managed through digital channels

No fees on registration or profit.

Competitive margin.

The minimum amount is 50,000 SAR.

Flexible investment periods, 3 months, 6 months, 9 months, one year.

Ability to close investment and return the principle amount at any time.

ZAKAT is paid for you.

Al Rajhi Bank - Hassad Account

Minimum Balance

No minimum amount

Minimum Salary

Opening Balance

Annual Rate

Monthly Fee

No

Description :

It is a savings account that is Mudaraba-centric. It is compliant with the provisions of Islamic Sharia where the bank allows the customer the flexibility in withdrawing and depositing from this account and conducting other banking services in accordance to the terms and conditions.

Benefits:

Dividends are distributed on a monthly basis in accordance with the provisions of Islamic Sharia.

Competitive profit rates.

An integrated electronic account that is opened and managed via alrajhi bank app.

Flexibility in withdrawals and deposits

Opening and closing the account at any time without fees.

Electronic statement of account.

Al Rajhi Bank - Million Saving Account

Minimum Balance

SAR 1000

Minimum Salary

Opening Balance

SAR 1000

Annual Rate

Monthly Fee

No

Description :

Your chance to win big

1,000,000 SAR, every 8 weeks. 10 winners have the chance of winning 10,000 SAR every week! 

Benefits:

Win big prizes, Claim exciting cash rewards.

Weekly draws Get exclusive access as a registered customer.

Open for all Win as a new or existing customer

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