Albilad Account with Monthly Returns

Albilad Account - A Profitable Bank Account

Apply Now!

How Joyous Would Life Be If by Just Saving Your Funds in An Account, You Could Get Returns on Them in A Sharia Compliant Manner?

All customers of Bank Albilad can open this account to save money (either in SAR or USD), manage their funds in a more convenient manner, and earn monthly profits based on a account balance you maintain with Bank Albilad. It’s a first of its kind in the kingdom, with the ability to manage the account through our electronic channels.

Apply Now!

What Are the Features of Albilad Account?

Here’s an overview of what you can expect from the Albilad sub account:

A flexible bank account which offers regular returns.
Sharia compliant investment account.
Customers can withdraw cash at any time through their mada debit card.
Periodic account statement facility.
Track and manage accounts through Albilad electronic channels.
Cash and cheque deposits from all branches of the bank.
Transfer cash internally, locally, and internationally.
Buying and selling of currencies.

Apply Now!

What are the Requisites for Albilad Account?

You only need to have a current account with Bank Albilad.

Terms and Conditions

Customers cannot warrant profits if the average balance in their Albilad Account in Saudi Riyal falls below SR 5,000. In the case of a US dollar Albilad account, the customer needs to maintain a minimum of USD 1,000 throughout the month. In such a case where the required balance is not maintained by the customer, the Mudarabah contract of the customer is revoked. Meanwhile, the remaining balance is considered a current account transaction.
For gaining profits, customers must deposit cash in their account at the start of the month in the case of USD currency Albilad account only.
To view the terms and conditions for Albilad account, click here