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    Green Deposit Account is an innovative Shariah compliant Time Deposit that offers the opportunity to fulfil your personal sustainability goals through investing your funds to support financing of environmentally friendly projects in Saudi Arabia, with attractive returns in the short to medium term.

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    Example: of 1 Month subscription in Green-Deposit Account:

    Deposit Amount

    AER

    Period

    Expected Profit Amount

    Expected Maturity Amount

    SAR 50,000

    %2.25

    1 M

    SAR 94

    SAR 50,094

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    Example: of 9 Months subscription in Green-Deposit Account:

    Deposit Amount

    AER

    Period

    Expected Profit Amount

    Expected Maturity Amount

    SAR 100,000

    %1.94

    9 M

    SAR 1455

    SAR 101,455

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    Example: of 12 Months subscription in Green-Deposit Account:

    Deposit Amount

    AER

    Period

    Expected Profit Amount

    Expected Maturity Amount

    SAR 25,000

    %2.55

    12 M

    SAR 640

    SAR 25,640

    *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.

    Sample of Green Project Themes

    Renewable Energy

    Energy Efficiency

    Energy and Water Efficient Buildings

    Sustainable Waste Management

    Sustainable Land Use

    Clean Transportation

    Sustainable Water Management

    Climate Change Adaptation

    Frequently Asked Questions

    The minimum investment amount of SAR 25,000 is required.

    No, there are no fees to open or maintain the account.

    No, the Green Deposit account is available exclusively via SAB Online.

    Accounts can be opened in Saudi Riyals Only.

    Yes, it is fully Shariah compliant and uses the Murabaha Shariah concept.

    SAB will provide a quarterly report containing portfolio level information which will be available via the Internet, to keep clients informed about how the sectors that their funds have benefited.

    To view the report, click here

    Yes, you will have the option to break your deposit. Please visit the branch for assistance.

    Profit rates may differ depending on the amount and the period selected. It can be viewed before completing the process of booking the deposit via SAB Online.

    Funds deposited through Green Deposits are used to finance environmentally beneficial projects only. Availability of such projects determines the volume and might limit the availability of this account.

    There are no material differences except that we will invest your funds to support financing of environmentally friendly projects in Saudi Arabia.

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