Commodity Investment Account

SABB’s Islamic Commodity Investment Account is an innovative Shariah complaint alternative to conventional Time Deposits for investors looking for attractive returns in the short to medium term.

Features and Benefits of SABB's Islamic Commodity Investment Account include:

• Shariah compliant alternative to Time Deposits
• Competitive returns for short to medium term investments
• Minimum investment amount of SAR25,000
• Investment available in other currencies: USD, GBP
• Flexible investment periods of 1, 2, 3, 6 and 12 months

Example: of 1 Months subscription in (Islamic Commodity Investment Account) Account:

Deposit Amount	AER	Period	Expected Profit Amount	Expected Maturity Amount
SAR50,000	2.25	1M	SAR94	SAR50,094

 

Example: of 9 Months subscription in (Islamic Commodity Investment Account) Account:

Deposit Amount	AER	Period	Expected Profit Amount	Expected Maturity Amount
SAR100,000	1.94	9M	SAR 1455	SAR 101,455

 

Example: of 12 Months subscription in (Islamic Commodity Investment Account) Account:

Deposit Amount	AER	Period	Expected Profit Amount	Expected Maturity Amount
SAR25,000	2.55	12M	SAR640	SAR25,640

*AER : is an Annual Equivalent Rate, is a figure which shows what the profit rate on an account would be if profit was paid for a full year and compounded.

**AER may differ depending on the amount and the period different form the above example.

Now you may open your Islamic commodity investment account from anywhere through SABB digital services

Steps to open SABB Islamic Commodity Investment Account

• Login to your SABB Mobile or SABBNET account
• Select my banking then New accounts
• Select Islamic Commodity investment
• Select the account currency, the term, the total deposit, and the action upon maturity then proceed.
• The account will be opened within 24 hours.