Account Features Flexible Tenure Choose an investment period from 1 to 12 months. No Maximum Limit Start from $50,000, or its foreign currency equivalent, with no upper limit. Zero Fees Enjoy profit returns with no setup or hidden charges. Currency Options Open your account in SAR, GBP, USD, or EUR. Eligibility Criteria Required Documents Saudi Citizens Eligible from 15 years and above with a valid National ID. GCC Citizens (Bahrain, Kuwait, Oman, Qatar, UAE) Applicants must be 18 years of age or older and provide a valid passport or National ID, in addition to proof of a local Saudi address (including a utility bill, lease agreement, property deed, or an official letter issued by a Saudi sponsor), as well as proof of home country address. Non-Saudis (Non-GCC) Eligible from 18 years and above with a valid residency permit (Iqama). Primary Account Requirement Eligible for individuals with an active SAIB account. View full Terms & Conditions Master Murabaha Commodity Investment Agreement Outlines the terms of your short-term Murabaha investment with SAIB. Authorization to Buy Commodities (Taukeel Bishira Silaa) Grants SAIB the authority to purchase commodities on your behalf. Murabaha Contract for Commodities (Aqd Murabaha Silaa) Specifies the sale of purchased commodities from SAIB to you under the Murabaha agreement. The Murabaha Deposit Account can be opened by visiting any SAIB branch. Please bring the required documents with you. Frequently Asked Questions How do I earn a profit? The Murabaha Deposit allows you to earn a profit by entering into a contract with SAIB to purchase commodities through an agency arrangement and sell them to SAIB on a deferred basis at an agreed-upon profit. What is the profit rate? The profit rate is agreed upon at the time of investment and remains fixed for the entire term. For specific rates, please contact the bank directly. Can I withdraw my deposit early? Early withdrawal is not permitted. Please refer to the terms and conditions for more details. We’re Always Within Reach Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. Customer Care Submit inquiries, raise complaints, and access support anytime. Branches & ATMs Easily locate branches and ATMs wherever you are. E-Banking Services Bank smarter and faster with our secure digital platforms.