Compare Savings for Saudi Arabia - April 2025
Find the Best Savings Plans โ Compare deposit options and easily review profit rates, term lengths, and withdrawal rules. Explore Shariah-compliant savings accounts with flexible terms and no linked account requirements. Choose the ideal plan to grow your savings with secure, transparent options tailored to your financial goals.
Updated on 25 April 2025
17 results available
Al Rajhi Bank
Awaeed Account
Expected Annual Return
Variable
Profit: on Maturity
Minimum Deposit (SAR)
50,000
Term Length
3, 6, 9, or 12 months
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Automatic
Withdrawal Rules
Early Surrender
Withdrawal Penalty
Yes (reduced or forfeited profit)
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Emirates NBD KSA
Mudarabah Savings Accountโ
Expected Annual Return
up to 250K SAR:
3.50%
Profit: Monthly
250K - 10M SAR:
4.00%
Profit: Monthly
Over 10M SAR:
3.50%
Profit: Monthly
Minimum Deposit (SAR)
0
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Bank AlBilad
Savings Account
Expected Annual Return
Variable
Profit: Monthly
Minimum Deposit (SAR)
1,000
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
SAB
Islamic Mudarabah Savings Account
Expected Annual Return
Indicative
0.10%
Profit: Monthly
Minimum Deposit (SAR)
5,000
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Murabaha
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
SAB
Wafer Account
Expected Annual Return
12 months:
2.67%
Profit: Monthly
24 months:
2.89%
Profit: Monthly
36 months:
2.95%
Profit: Monthly
Minimum Deposit (SAR)
100
Monthly Payment
Term Length
12, 24, or 36 months
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Early Withdrawals Permitted
Withdrawal Penalty:
Yes (50% of accumulated profit)
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Al Rajhi Bank
Hassad Account
Expected Annual Return
Variable
Profit: Monthly
Minimum Deposit (SAR)
5,000
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliant:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Al Rajhi Bank
Future Account
Expected Annual Return
Variable
Profit: Monthly
Minimum Deposit (SAR)
1,000
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Al Rajhi Bank
Million Account
Expected Annual Return
Indicative
0.05%
Profit: Monthly
Minimum Deposit (SAR)
1,000
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Riyad Bank
Islamic Savings Account
Expected Annual Return
0.30%
Profit: Monthly
Minimum Deposit (SAR)
20,000
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Bank Aljazira
Savings Account
Expected Annual Return
Indicative
2.00%
Profit: Monthly
Minimum Deposit (SAR)
0
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Alinma
Savings Account
Expected Annual Return
Less than 1M SAR:
2.00%
Profit: Monthly
1M - 3M SAR:
2.22%
Profit: Monthly
Above 3M SAR:
2.70%
Profit: Monthly
Minimum Deposit (SAR)
1
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
BSF
Savings Account
Expected Annual Return
0.10%
Profit: Six Monthly
Minimum Deposit (SAR)
0
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Yes
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
SAIB
E-Save
Expected Annual Return
Variable
Profit: Monthly
Minimum Deposit (SAR)
0
Term Length
No Fixed Term
Islamic Account Features
Shariah Compliance:
Mudarabah
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Saudi National Bank
Retirement Program
Expected Annual Return
6.11%
Profit: Maturity
Minimum Deposit (SAR)
500
And Regular Payment Requirement
Term Length
5 years
Islamic Account Features
Shariah Compliance:
Takaful-based (Wakalah + Mudarabah)
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Early Surrender
Withdrawal Penalty:
Yes (reduced capital and profit)
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Saudi National Bank
Education Program
Expected Annual Return
6.59%
Profit: Maturity
Minimum Deposit (SAR)
500
And Regular Payment Requirement
Term Length
5 years
Islamic Account Features
Shariah Compliance:
Takaful-based (Wakalah + Mudarabah)
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Early Surrender
Withdrawal Penalty:
Yes (reduced capital and profit)
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Saudi National Bank
Marriage Program
Expected Annual Return
6.36%
Profit: Maturity
Minimum Deposit (SAR)
500
And Regular Payment Requirement
Term Length
5 years
Islamic Account Features
Shariah Compliance:
Takaful-based (Wakalah + Mudarabah)
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Early Surrender
Withdrawal Penalty:
Yes (reduced capital and profit)
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings
Saudi National Bank
Ladies Program
Expected Annual Return
4.22%
Profit: Maturity
Minimum Deposit (SAR)
500
And Regular Payment Requirement
Term Length
5 years
Islamic Account Features
Shariah Compliance:
Takaful-based (Wakalah + Mudarabah)
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Early Surrender
Withdrawal Penalty:
Yes (reduced capital and profit)
Extras
Basic Savings (Low Yield)
Flexible Profit-Sharing Savings
Structured or Goal-Based Savings
Prize-Linked or Incentive Accounts
Takaful & Protection Plans
High-Growth Investment Savings