SAB
Saudi Awwal Bank (SAB), one of Saudi Arabia's oldest banks, is a prominent financial institution offering a wide range of banking and financial services. Established in 1978, SAB provides innovative solutions in personal, corporate, and investment banking, catering to a diverse customer base while supporting the Kingdomβs economic growth and Vision 2030 objectives.
SAB Bank Accounts: Tailored for Your Financial Goals
SAB Bank offers a range of bank accounts to meet the needs of various customers. Whether youβre looking for a simple transactional account or a long-term savings option, SAB Bank provides flexible and convenient banking solutions.
1. Current Accounts
The SAB Bank Current Account is designed for those who need easy access to their funds and a range of banking services with no hidden fees.
Key Features:
- No minimum balance required
- Access to funds via ATMs and online banking
- Free international remittances to select countries
- 24/7 account management through mobile banking apps
2. Savings Accounts
SAB Bankβs Savings Account provides a Sharia-compliant way to grow your wealth through profit-sharing mechanisms, allowing you to save while adhering to Islamic principles.
Key Features:
- Profit-sharing model instead of interest
- No account maintenance fees
- Online and mobile access for easy management
- Tailored for those who want to save for the future
Why Choose It?
- Current Account: If you need a hassle-free account for everyday transactions, this option is ideal due to its flexibility and ease of use, both online and in person.
- Savings Account : A great option for individuals looking for a compliant, secure way to save and grow their funds.
Offers
Current Account
Accounts
Price
0.00 SR
Premier Account
Accounts
Price
0.00 SR
SAB Bank Credit Cards: Flexibility and Convenience
SAB Bank offers a wide variety of credit cards designed to meet the needs of different customers. Whether you prefer cashback, travel perks, or a fully Sharia-compliant credit solution, SAB has the right card for you.
Credit Card Options:
- SAB Cashback Card: Earn cash rewards on every purchase while enjoying low fees.
- SAB Platinum Card: Best for frequent travelers, offering travel insurance, airport lounge access, and more.
- Sharia-Compliant Card: Offers profit-sharing instead of interest, making it a perfect choice for customers who prefer Islamic banking principles.
Why Choose It?
SAB credit cards provide the perfect balance of flexibility, security, and rewards, all while ensuring full compliance with Islamic finance principles.
Offers
SAB Visa Cashback Credit Card
Cashback Credit Cards
Price
0.00 SR
SAB Platinum Mastercard Credit Card
Credit Cards
Price
460.00 SR
SAB Emirates Signature Credit Card
Airline Miles Credit Cards
Price
750.00 SR
SAB Home Finance: Own Your Dream Home with Ease
Saudi Awwal Bankβs Home Finance offers Shariah-compliant Murabaha solutions for ready units, off-plan developments, self-build projects, and land purchasesβprovided in partnership with the Real Estate Development Fund and Ministry of Housing. Applicants can run instalment simulations via our Home Finance Calculator, choose flexible down-payment structures, defer initial instalments, and apply end-to-end through SAB Online, SAB Mobile, or at any branch
Why Choose SAB for Home Finance?
- hariah-compliant Murabaha structures approved by SABβs Shariah Board
- Partnership with REDF and Ministry of Housing for down-payment support
- Flexible payment schedules tied to construction milestones
- Optional deferral of initial instalments and Takaful waiver protection
- Fully digital application and real-time progress tracking via SAB Online/Mobile and branches
Offers
Home and Liquidity
Home Finance
Price
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SAB Personal Finance: Flexible Funding for Lifeβs Moments
SAB Personal Finance enables existing customers to apply for new or top-up financing via SAB Online or SAB Mobile, uploading required documents digitally and receiving an initial offer in minutes. Funds can be used for education, travel, healthcare, home improvements, or debt consolidation, with options to pause instalments or top up as needs evolve.
Why Choose SAB for Personal Finance?
- Shariah-compliant Tawarruq contracts approved by SABβs Shariah Board
- Instant digital pre-qualification and e-document upload
- Flexible-purpose financing with adjustable repayment plans
- Instalment-pause and top-up options to suit changing cash flows
- 24/7 access via SAB Online, SAB Mobile, or branch network
Offers
Personal Finance
Personal Finance
Price
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Why SAB ?
SAB stands out in the Saudi banking landscape by offering innovative products with strong customer service. Their easy-to-use mobile apps, widespread branch network, and commitment to Islamic banking principles make them a trusted partner for both individuals and businesses.