Future Account

Future Account

Put your mind at ease and subscribe to the future account

Terms and Conditions

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Future Account

The Future Account is a saving plan account in accordance with Islamic Sharia in which the customer sets a monthly amount automatically deducted from the customer's current account, and the system calculates the expected profits based on the savings period.

Account Benefits

Earn 1,000 mokafaa Points when you open your future account through alrajhi bank app

Achieving savings goals with the flexibility of setting duration, amount of deduction and obtaining expected profits in accordance with Islamic Sharia.

Automatic savings where monthly payments are deducted on specified dates by the customer.

 Competitive profit rates


Fully digitalized account that is opened and managed through the Al Rajhi Bank app.

Standing Orders Service.

The possibility of creating or cancelling saving accounts at any time without fees

Standing Orders Service.

If the amount is not available in the account on the date of the monthly payment deduction, the customer can add a balance to the future savings account at a later date

Eligibility and Criteria:


Existing current account with Al Rajhi bank

 Terms & Conditions

Approve the Terms & Conditions

Application Form

No Fees in creating/cancelling the account

Illustrative Examples:

Saving Type Monthly deduction  Duration   AER*  Value of expected profit by end of period Total savings plus expected profit  Profit Sharing Rate
Short Term SAR 1,500 12 Months 2.23% SAR 218 SAR 18,218  60%
Long Term SAR 1,000 60 Months 4.77% SAR 7,756 SAR 67,756

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 period different form the above example. which is changeable and non-fixed return that is regularly announced to customers on the bank's eChannel’s.

You can open account easily through

Al Rajhi Bank Mobile App

alrajhi bank app

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You can also apply through the following channels

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You can apply through alrajhi bank Online

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Tutorial Videos

Tutorial Videos

Tenor Minimum Monthly Deposit in SAR Maximum Monthly Deposit in SAR Minimum Subscription in Months Maximum Subscription in Months
Short Term 100 10,000 6 12
Long Term 300 10,000 13 60
The future account is a savings account and it is not considered a type of financial obligation.
All bank customers Saudi and non-Saudis who have active current account over the age of 18.
You can only withdraw from your future account by cancelling the account
There are no fees in opening or cancelling the Future Account.
The principal of zakat is the assets of this account as being on the lord of the money (the client in this case), but since the bank, Indeed, departs zakat from its investments; including investments (future account); The bank releases zakat from these funds when they are required.
The customer can choose from the following calendars:26,27,28,29,30 of the month of Gregorian date.
The customer can open 2 future accounts per customer.
the customer is late in paying the agreed monthly deduction amount for more than 30 days for the short-term plan and 90 days for the long-term plan, the bank has the right to cancel the customer's plan, which is an early withdrawal from the savings plan, and determines the customer's entitlement in accordance with the provisions of early withdrawal.