Investment Wakalah Program

Are you looking for the best investment bank account?

If you are looking for the best and easiest way to invest, Bank Albilad is your destination.
Now you can get higher returns through our Shariah compliant  Investment Wakalah program.The Investment Wakalah Program is ideal for your investment due to its low risk. 

What are the features of the investment account?

  • No fees
  • Higher returns on your money.
  • Ability to open the investment account online without the need to visit the branch.
  • A sharia compliant alternative option to the conventional investment deposits. 
  • Available in two currencies: Saudi riyal - US dollar.
  • Flexible investment periods; one month - 3 months - 6 months - 12 months
  • Ability to cancel your investment before the due date **
  • Low-risk investment account
  • Available for Saudis and non-Saudi 
** In case of cancellation of the Investment Wakalah program before the due date, no profits will be granted for the period between the investment contract start and the withdrawal of the investment amount.

How can I open the investment account online?

  • Log in to  Albilad net
  • Choose an Investment Wakalah from the main menu.
  • New Wakalah Issuance
  • Then choose the account from which the amount will be deducted (current account / Albilad account).
  • Choose the investment amount and period 
  • Complete the steps to open the account.

What are the conditions for an investment account?

  • The customer must be at least 18 years’ old.
  • Any individual customer can benefit from a Investment Wakalah account if he already has a current account.
  • The minimum entry for investment is SAR 100,000 or $30,000.

To view the full terms and conditions, click here

What is the difference between Albilad Account with Monthly Returns - the Savings Account and Investment Wakalah Program?​

CharacteristicsSavings AccountAlbilad Account with Monthly ReturnsInvestment Wakalah Program
Profits Calculation Start DateFrom the date of depositing the amountOn the first day of every calendar monthFrom the date of depositing the amount
Profit Calculation PeriodOn the last day of every calendar monthOn the last day of every calendar monthOn the completion of tenor / At maturity
Issuance of "mada" Debit CardNot AvailableAvailableNot Available
Account CategoriesBased on the saving periodBased on the balanceBased on the investment period
Profit Calculation MechanismAverage balance during the monthLowest balance during the monthAverage balance during the month
Additional Deposit CalculationThe additional deposit is calculated upon profits distributionThe additional deposit is not calculated upon profits distributionAdditional deposit are not allowed, new Investment Wakalah deposit can be created with new start date for each additional investment
The minimum qualifying amount for profit sharingSAR 100SAR 20,000SAR 100,000 or USD 30,000
TransfersLimited transfers are accepted during the saving periodUnlimited transfers and withdrawals from the account at all times during the monthTransfers to / from the Investment Wakalah are not allowed. The Investment Wakalah can be cancelled before maturity but no profit will be paid
Profit Distribution Ratio45% - 55%30% - 40% - 60%Based on anticipated profit rate at the time of booking of Investment Wakalah deposit
Eligible ParticipantsIndividuals OnlyIndividuals / Companies / Institutions / EntitiesIndividuals Only
Account Opening ProcessOnline via Albilad Net
Online via Albilad NetOnline via Albilad Net


Is the profit earned on Investment Wakalah account consistent with Islamic principles?

Yes, the profit gained from the Investment Wakalah account is based on the principle of Mudaraba and Murabaha

 What is the minimum term for Investment Wakalah account?

The minimum term of Investment Wakalah account is one month.

What is the maximum period for Investment Wakalah account?

The maximum period for Investment Wakalah account is one year.

What is the expected profit that I can earn from Investment Wakalah account?

The expected profit rate in the Investment Wakalah account varies according to the period and the amount.

Example of a profit distribution for Investment Wakalah account in SAR

Number of months
​Minimum amount
​Anticipated Profit Rate
​Number of Investment Days
​Anticipated Profit Return to the Customer in SAR

Example of a profit distribution for Investment Wakalah account in USD

​Number of months
​​Minimum amount

​Anticipated Profit Rate
​​Number of Investment Days
​Anticipated Profit Return to the Customer in USD

What is the minimum amount required to open Investment Wakalah account?

One hundred thousand Saudi riyals / thirty thousand US dollars

 Who can open Investment Wakalah account?

Currently, any individual customer of AlBilad can open the  Investment Wakalah account through his account in Al Bilad Net.

Can the customer withdraw the Investment Wakalah account before the expiration of the period?

Yes, the customer can withdraw the amount in the Investment Wakalah account before the specified period ends, but there will be no profits

 Are there any fees for opening Investment Wakalah account?

Currently there is no fee.

 Do I have to visit the branch to open Investment Wakalah account?

No, you can only open an account through AlBilad Net.

What are the requirements for opening Investment Wakalah account?

You just need to have a current account with Bank Albilad.

Can I open more than one Investment Wakalah account?

Yes, it is possible to open up to 5 accounts in one day

 What currencies can Investment Wakalah be opened in?

The Saudi Riyal / US Dollar

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