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.
Features and Benefits of Green Deposit Account from SAB include:
- Contribute to sustainability as deposits are used to fund eligible environmentally beneficial projects and businesses.
- Fully Shariah compliant account.
- Stable principal and predictable returns.
- Minimum investment amount of SAR 25,000.
- Investment are available in Saudi Riyal (SAR)
- Flexible investment periods of 1, 3, 6, 9 and 12 months.
- Available only via our digital channels SAB Online and SAB Mobile.
Sample of Green Project Themes
Funds contributed by you may be used toward the funding of a range of projects related to a variety of areas, including:
- Renewable Energy
- Energy Efficiency
- Energy and Water Efficient Buildings
- Sustainable Waste Management
- Sustainable Land Use
- Clean Transportation
- Sustainable Water Management
- Climate Change Adaptation