Zood Alajyal program
“Zood AlAjyal” is one of the saving programs offered by the Social Development Bank in collaboration with alrajhi bank
Zood Alajyal program
“Zood AlAjyal” is one of the saving programs offered by the Social Development Bank in collaboration with alrajhi bank. The program is designed to suit the targeted age group, aiming to promote the concept of saving, empower them to manage their daily expenses, and enhance their financial literacy. The program provides a range of financial incentives and educational materials under parental supervision.
Advantages of Zood Al-Ajyal:
- An innovative application designed for children.
- Mnthly and quarterly incentives and rewards.
- Educating children on money management and financial planning.
- Offers interactive materials through the financial literacy journey.
- Parental supervision with access to their children’s accounts and saving.
- Compliant with Shariah principles.
- Program duration: 3 years.
Zood Al-Ajyal Incentives:
| Rewards | Value | |
|---|---|---|
| Monthly incentives | Monthly financial incentives on savings for consistent growth in saving. | Reaching up to 15 SAR monthly |
| Prizes | Monthly prizes | Reaching up to 100 SAR monthly |
| Prizes | Quarterly prizes | Reaching up to 300 SAR monthly |
Monthly and quarterly prizes are awarded through a draw among participants who consistently demonstrate saving behaviors and engage with the educational content in the program.
