alrajhi bank's "Tasaheel" Wins Best Digital Instalment Payment Initiative in Saudi Arabia

alrajhi bank's "Tasaheel" program has won the "Best Digital Instalment Payment Initiative in Saudi Arabia" award at the TAB Global Retail Financial Services Excellence Awards Middle East 2026. The award recognizes the program's digital solutions, which make purchases easier and help customers manage their financial commitments.

 

Through the alrajhi bank app, credit cardholders can use "Tasaheel" to turn local and international purchases into monthly instalments of up to 24 months, with no down payment. The program also covers purchases made with Apple Pay and at points of sale, so customers can organize their payments and spread their commitments to suit their needs.

 

The award reflects the bank's work on digital payment solutions that widen the ways customers can manage their spending. The bank offers instalment services within its banking payments ecosystem and uses its digital channels to make services easier to reach and improve the customer experience.

 

alrajhi bank will keep developing "Tasaheel" by adding more participating merchants and building more instalment plans that fit customers' needs and spending patterns. This is part of the bank's drive for innovation in retail banking and for financial solutions that are more flexible and easier to use.