Smart Savings & Returns With Monthly Profits
With the new ALBARAKAH Saving Account, reach the peak of your savings. You can save your money while enjoying an annual profit rate of 3.5% and benefiting from various features that make it easy and safe to grow and manage your savings through an integrated digital experience that aligns with your goals and complies with Sharia principles.
Shariah Complaint
A Saving product based on Mudarabah that is approved by Sharia Committee
No Fees
Open an account at any time without incurring any fees
Unified Profit Rate for All Customers
An equal and unified profit rate for all customers of The Saudi Investment Bank, regardless of account segment
3.5% Expected Annual Profit Rate
Enjoy an expected annual profit rate of 3.5% with monthly profit distribution
Flexible Withdrawal and Deposit Options
Easily manage and access your funds at any time through SAIB Mobile App
Minimum Balance of Only
1,000
You can qualify for profits by maintaining a daily balance of 1,000 or more in your Savings Account
Shariah-Complaint
A Saving product based on Mudarabah that is approved by Sharia Committee
No Fees
Open an account at any time without incurring any fees
Unified Profit Rate for All Customers
An equal and unified profit rate for all customers of The Saudi Investment Bank, regardless of account segment
3.5% Expected Annual Profit Rate
Enjoy an expected annual profit rate of 3.5% with monthly profit distribution
Flexible Withdrawal and Deposit Options
Easily manage and access your funds at any time through SAIB Mobile App
Minimum Balance of Only 1,000
You can qualify for profits by maintaining a balance of 1,000 or more in your Savings Account
Contact Your Relationship
Manager for more details
Call Us for Assistance
0114183100
Profits Calculator
Estimated annual profits based on your account balance
Enter your deposit amount and duration to estimate your profits
Enter Deposit Amount *
Enter Duration *
Months
Estimated based on current fixed profit rate of 3.5%Start Your Savings Journey in 3 Steps
01
Open Your ALBARAKAH Saving Account
Open your account now through your relationship manager or by visiting our branches.
02
Transfer Your Savings
Deposit a minimum of 1,000 into the account.
03
Enjoy Profits
Profits are automatically added to your Savings Account monthly.
Let’s See If You’re Ready
You’re a SAIB Customer
If you already have a Current Account with SAIB, you’re good to go.
Minimum Balance
If you maintain a minimum daily balance of 1,000, you’ll qualify to earn profits.
If your balance falls below 1,000 , you will not earn any profit for that day during the month.
No, there are no fees for opening, closing, or withdrawing from your ALBARAKAH Saving Account.
Yes, you can link your ALBARAKAH Saving Account to any of your other accounts at The Saudi Investment Bank.
There is no limit or fees for the number of withdrawals or deposits.
Profits are calculated based on the daily closing balance, provided it is not less than 1,000.
Profits are credited to your ALBARAKAH Saving Account automatically at the end of each month.