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