Awaeed Account
Awaeed is an investment product dedicated to help Alrajhi customers to reach their financial goals and increase their capital in investment on the short and med terms with almost non-risky investment.
Awaeed Account has multiple unique benefits, such as:
- Diversity of profit distribution methods (in advance, monthly, or upon maturity).
- ZAKAT is paid for you.
- Competitive rates.
- The minimum amount is 25,000 SAR.
- Flexible investment periods, one month, 3 months, 6 months, 9 months, 12 month, 18 months, and 24 months.
- Compliant with the provisions of Islamic Sharia.
- Ability to cancel the account without fees.
- Completely digital experience where an account can be opened and managed through digital channels.
*Only available in SAR in the meantime