Al Rajhi Bank - Hassad Account :
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.
Minimum Balance
No minimum amount
Minimum Salary
Opening Balance
Annual Rate
Monthly Fee
No
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.