Bank Albilad has launched the “Albilad Account” service, the first account of its kind in the Kingdom, which gives the customer the freedom to manage his account and dispose of his money at any time, time and place, while the calculation and profits continue to benefit the customer benefiting from the account with a minimum balance of (20) thousand riyals, and the customer can invest his money while enjoying at the same time high financial liquidity, and the ability to access his account through an ATM card and perform financial transactions through electronic channels “Albilad Phone”, “Albilad Net” or Albilad application for smart devices at any time he wants.

For his part, Mr. Ihab Hassouba, General Manager of Retail Banking Sectors at Bank Albilad, explained that “Albilad Account” is based on the principle of Sharia-compliant Mudaraba, which is characterized by many advantages such as flexibility, security and low risk, which allows customers to be partners in the profits it achieves from operations that it enters with depositors" funds.

It is worth mentioning that all customers can access Al Bilad Account and all banking services by visiting one of the bank's branches.