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Deposit Accounts

Ithmar Deposit Account

A Shariah-compliant SAR Current Account with competitive anticipated profit rates which go higher every time your average balances increases.


Features and benefits:
  • Shariah-compliant Current Account which pays competitive anticipated profit rates based on the performance of Mudaraba pool
  • Low minimum balance requirement - SAR 5,000

Eligibility:
  • Individuals - Saudis, residents and GCC
  • Small and medium enterprises in KSA

Required documents:
  • Open a FAB account

General Terms & Conditions
Ithmar Terms & Conditions

Hassad Deposit Account

A Shariah-compliant SAR term deposit with the full anticipated profit paid upfront and which allows partial restrictions with adjustment to anticipated profit rates.


Features and benefits:
  • Available in multiple tenures
  • Deposit account with 3 different options starting from 3 months to 12 months with different term-based anticipated profit rates
  • Make a withdrawal from the deposit, and rebook
  • Withdrawn amounts before the lapse, it is subject to anticipated profit at 0.25% of the deposit amount
  • The amounts withdrawn in full or in parts after the lapse of half term (from the deposit dates) shall be subject to anticipated profit rate of 0.5% p.a.

Eligibility:
  • Individuals - Saudis, residents and GCC
  • Small and medium enterprises in KSA

Required documents:
  • Open a FAB account

General Terms & Conditions
Hassad Terms & Conditions

Ready to apply?

Ready to take the next step?

You can contact us with the contact below

Expect a reply within 48 hours

General Contact
ContactKSA@bankfab.com

KSA Helpline
800 124 2222

International Helpline
+966 9200 10695

Riyadh

Branch and Office Address:
Cayan Group Building
King Fahd Rd - Al Malqa Dist.
Riyadh 13524, Kingdom of Saudi Arabia

Jeddah

Office Address:
Randa Tower, No#7915
King AbdulAziz Road - An Nahdah District
Jeddah 23523, Kingdom of Saudi Arabia

Khobar

Office Address:
Al Reziza Tower
King Fahd Ibn Abdul Azizi Road - Al Bandariyah Dist.
Al Khobar 34424, Kingdom of Saudi Arabia

First Abu Dhabi Bank, Foreign Joint Stock Company, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, commercial registration certificate 1010454604 unified number 7004453903, P.O. Box 13524 Riyadh 4204, Kingdom of Saudi Arabia, Tel. +9668001242222 www.bankfab.com/en-sa, licensed pursuant to the Council of Ministers Resolution No 351 dated 03-02-1439 H Corresponding to 10/23/2017 AD, and regulated and supervised by the Saudi Central Bank.