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Deposit Amount | AER | Period | Expected Profit Amount | Expected Maturity Amount |
§50,000 | %2.25 | 1 M | §94 | §50,094 |
Green Deposit Account is an innovative Shariah compliant Time Deposit that offers the opportunity to fulfil your personal sustainability goals through investing your funds to support financing of environmentally friendly projects in Saudi Arabia, with attractive returns in the short to medium term.
Example: of 1 Month subscription in Green-Deposit Account:
Example: of 9 Months subscription in Green-Deposit Account:
Example: of 12 Months subscription in Green-Deposit Account:
Sample of Green Project Themes
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Renewable Energy
Energy Efficiency
Energy and Water Efficient Buildings
Sustainable Waste Management
Sustainable Land Use
Clean Transportation
Sustainable Water Management
Climate Change Adaptation
Frequently Asked Questions
The minimum investment amount of§25,000 is required.
No, there are no fees to open or maintain the account.
No, the Green Deposit account is available exclusively via SAB Online.
Accounts can be opened in Saudi Riyals Only.
Yes, it is fully Shariah compliant and uses the Murabaha Shariah concept.
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You've already discovered the benefits of banking with us. So spread the word and refer a friend to SAB to get a referral reward for every person who opens a new account.
