Albilad Bank launches Albilad Return Account

In response to the needs of customers who want to invest in a safe and convenient way, Albilad Bank announced the launch of the Albilad Return Account, as the account can be opened without charging any subscription fees or paying any fees through the Albilad app. This saves customers time and effort by not having to visit a branch, allowing them to earn returns

Maximum (profit), the Customer authorizes the Bank to invest the total funds of Al Bilad Bank and finance on Murabaha basis in accordance with regulations and controls.

The Shariah Board of Albilad Bank, makes the Albilad Return Account an alternative to traditional deposits and an ideal choice for clients seeking safe and innovative investment solutions that offer higher returns on deposits and allow clients to automatically renew their contracts with the same capital.

The profits are transferred to the current account during the same period until the contract is cancelled, with the bank allowing the client to benefit from the country’s income account denominated in Saudi riyals and dollars.

American Airlines, which offers more diversity, has a free investment process, with terms ranging from 1 month to 24 months, and a minimum of 100,000 Saudi Riyals, or $30,000.

United States, facilitating the investment process and continuously earning additional returns, the country’s return account also offers flexible investment periods in Saudi Riyals: 1 month – 3 months – 6 months – 12 months and up to 24 months, and in US dollars. : 1 month – 3 months – 6 months – 12 months can be subscribed, cancelled or renewed conveniently through the Albilad application.

Along with the launch of the account, the bank is also offering customers a limited-time special offer of 6% financial return for an investment period of 3 months, as the annual rate of return for calculating the national return.

This is based on the bank’s commitment to providing new and innovative products and services to customers that cater to their financial needs and match their investment requirements.

It is worth noting that Albilad Bank offers a variety of savings and investment account solutions suitable for all sectors of society (Agency Investment Account – Savings Account – Albilad Account – Albilad Piggy Bank Account), and Albilad Bank is proud to adopt this solution. The initiative to promote investment and savings is one of the most important initiatives of the plan to achieve the goals of the Kingdom’s Vision 2030.