AlJazira saving account is designed to help you achieve your saving goals by providing a distinct and highly flexible product in accordance with the Shariah principles, bearing in mind that it serves the best interest of the customer in the best way.

Features of AlJazira Saving Account

  • Open the AlJazira Saving account directly from your computer through AlJazira Online or from your phone through AlJazira Smart without visiting the branch.
  • No minimum amount required to open an account.
  • Compatible with the principles of Islamic Shariah.
  • Available in Saudi Riyals only.
  • For Saudi nationals and residents.
  • Deposit and withdraw any amount at any time without any fees.
  • Monthly returns are calculated on any amount saved since there is no minimum amount required to get the monthly returns.
  • For your convenience, you can schedule automatic fund transfer from your current account to your AlJazira Saving Account according to the period that suits you. 
  • The return value is calculated daily based on the account balance and is deposited monthly.
  • The ability to transfer to and from AlJazira Saving account at any time. 
  • Available around the clock via AlJazira Online or AlJazira Smart for phone application.

Terms and conditions apply

Example

Below example shows the profit calculation for saving account with return:

DAILY BALANCE PROFIT RATE (ANNUALLY) PROFIT ACCRUAL EXPECTED DAILY PROFIT EXPECTED MONTHLY PROFIT*
SAR 100,000 0.50% Daily SAR 1.37 SAR 41.09
Assuming customer’s daily balance is SAR 100,000 throughout the month