Hassad Account
Q360 Score88/ 100
Q360 VerifiedAl Rajhi Bank · Savings Account
Best for
No monthly feeFully digital openingSharia-compliant
Watch out
- Requires a minimum balance
5000 SARMinimum balance
0 SARMonthly fee
Qrar360 Decision Brief
What is this product?
A savings account from Al Rajhi Bank.
Who it may suit
- No monthly fee
- Fully digital opening
- Sharia-compliant
- People who need Sharia compliance
- Digital-first users
Consider if
- You want to open digitally
May not suit
- People keeping low balances
Important conditions
- Requires a minimum balance
Key facts
A Mudaraba-based Sharia-compliant savings account from Al Rajhi Bank offering variable, periodically-announced profit rates with flexible deposit and withdrawal access, requiring a minimum eligibility balance of SAR 5,000.
Product TypeSavings Account
Primary CurrencySAR
Sharia StatusSharia-compliant
Product Analysis
- Minimum balance required: 5000 SAR.
- No monthly account fee.
Qrar360 Score for this productQ36088Sources & methodology
Why this score?
Coverage 80% · Confidence 82%Strongest verified factors
- Digital account opening100% · weight 20
- Monthly fee100% · weight 15
- Qrar360 data verification100% · weight 15
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Availability by Country
- Saudi ArabiaAvailable
Provided By
This product is provided by . For the institution's licenses and regulatory status, see its profile page.
Sources & verification
✓ Provider identity & licence verified4 facts verified against official sources
- Last verified
- 9/24/2026
Verified facts on this page are linked to their official sources.
This product appears in
Frequently asked questions
- Is Hassad Account Sharia-compliant?
- Hassad Account: Sharia-compliant.
- Does Hassad Account have a monthly fee?
- No — Hassad Account has no monthly fee.
- Which countries is Hassad Account available in?
- Hassad Account is available in: Saudi Arabia.
- Can Hassad Account be opened online?
- Yes — Hassad Account can be opened fully online.
The information shown is based on data available to Qrar360 and may not reflect the institution's latest changes. Please verify with the product's official source before making any financial decision. This content does not constitute financial advice and does not rank or favor any product.
