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Non Profit Sector

Non-profit service is a digital approach provided by alrajhi bank to simplify the process of opening and updating the accounts of non-profit organizations through the link below.

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NonProfit Sector

alrajhi bank’s Non Profit Sector Account Service simplifies the process of opening and updating accounts for public benefit organizations. Our digital first approach allows eligible entities to securely upload required documents for review by our specialized team. Once approved, customers are guided to the nearest branch to finalize procedures making the process faster, smoother, and more accessible.

Charitable Societies

Required Documents:

  • Copy of the Association’s Bylaws approved by the National Center for Non-Profit Sector Development.
  • Copy of the Resolution for the Formation of the Board of Directors issued by the National Center for Non-Profit Sector Development.
  • Copy of the License (Registration Certificate) issued by the National Center for Non-Profit Sector Development.
  • Copy of the Board of Directors’ Authorization specifying the Saudi authorized signatories to open and manage the bank account, with joint signature, and approval from the National Center if the authorized persons are not members of the Board.
  • Copy of the National IDs of Board Members or authorized signatories (certified true copy), with the purpose of ID copying stated.
  • Copy of the Unified National Number (700).

Charitable Institutions

Required Documents:

  • Copy of the Institution’s Bylaws approved by the National Center for Non-Profit Sector Development.
  • Copy of the Resolution for the Formation of the Board of Trustees approved by the National Center for Non-Profit Sector Development.
  • Copy of the License (Registration Certificate) issued by the National Center for Non-Profit Sector Development.
  • Copy of the Authorization specifying the Saudi authorized signatories to open and manage the bank account, with joint signature, and approval from the National Center if the authorized persons are not members of the Board of Trustees.
  • Copy of the National IDs of the Board of Trustees or authorized signatories (certified true copy), with the purpose of ID copying stated.
  • Copy of the Unified National Number (700).

Awqaf

Required Documents:

  • Copy of the Endowment Registration Certificate issued by the General Authority for Awqaf, including the Unified National Number (700).
  • Copy of the Shariah Deed (Waqf Deed).
  • Official letter from the authorized person under the Waqf Deed specifying the authorized signatories to open and manage the bank account.
  • Copy of the National IDs of the Trustees (Nadhir) or authorized signatories (certified true copy), with the purpose of ID copying stated.

Family Funds

Required Documents:

  • Letter from the Chairman of the Board of Trustees or his authorized representative clearly stating the purpose of opening the bank account.
  • Copy of the Registration Certificate issued by the National Center for Non-Profit Sector Development.
  • Copy of the Fund’s Bylaws approved by the National Center for Non-Profit Sector Development.
  • Copy of the Resolution for the Formation of the Board of Trustees approved by the National Center for Non-Profit Sector Development.
  • Copy of the National IDs of the Board of Trustees and authorized signatories, verification of their authorization to open and manage the bank account, with joint signature, and approval from the National Center for Non-Profit Sector Development.

Wills

Required Documents:

  • Copy of the Guardianship Deed (or a certified true copy) stating the terms of the will.
  • Copy of the National IDs of the Executor(s) / Trustee(s) (certified true copy), with the purpose of ID copying stated.

How to apply

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