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 19 April 2025
2 results available
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 Compliant:
Yes
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Unlimited Withdrawals
Withdrawal Penalty:
No
Extras
Eligibility: Saudi Nationals
Eligibility: Expatriates/Residents
Linked Account Not Required
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 Compliant:
Yes
Zakat Payment:
Customer Responsibility
Withdrawal Rules
Early Withdrawals Permitted
Withdrawal Penalty:
Yes (50% of accumulated profit)
Extras
Eligibility: Saudi Nationals
Eligibility: Expatriates/Residents
Linked Account Not Required
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