The Economy website monitors the details and features of the proxy investment account from Albilad Saudi Bank.
Now you can get higher profits through the proxy investment program from Bank Albilad, where you authorize us to invest in the form of Mudaraba and Murabaha with your money with the total funds of Bank Albilad to benefit from the returns in accordance with the provisions and controls of the Shariah Committee of Bank Albilad. The wakala investment program is characterized by low risks to be an ideal investment option for you.
Advantages of a proxy investment account
Opening a proxy investment account for free (without fees)
Provide higher returns on your deposits
The ability to open a proxy investment account online and without the need to visit the branch
An alternative to traditional deposits and compatible with Shariah Committee controls
Available in two currencies: Saudi riyal – US dollar
There are no fees for the proxy investment process
Flexible investment periods starting from 1 month – 3 months – 6 months – 12 months
Possibility to cancel the proxy investment process before maturity
Low risk investment account
Available to Saudis and residents
Open a proxy investment account online across Albilad Net
Login to Albilad Net
Choose investment by proxy from the main menu
Choosing to create a new agency
And then choose the account from which the amount will be debited (current account / Albilad account)
Choose the investment amount and period
Complete the steps to open the account
Opening a proxy investment account online via the Albilad app
Log in to the country app
Choose investment by proxy from the main menu
Click on “Create a New Account” and then click on “Details”
View the information and then click on “Apply now”
Enter the required information, then press “Next”
The proxy investment account has been opened successfully
Wakala Investment Account Terms
The customer must be at least 18 years old
Any individual client can benefit from proxy investment as long as he has a current account
The minimum entry for investment by proxy is 100 thousand Saudi riyals for the currency of Saudi riyals
Minimum entry to invest by proxy is 30 thousand USD for USD currency
** In the event of canceling the investment process by proxy before the maturity date, no capital gains are calculated for the period between contracting the investment and withdrawing the investment amount.
