Alinma Bank - Nama Product

Alinma Bank

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 - Nama Product :

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

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

Documents required:

• National ID card / residence visa.

• Open current account.