How to open investment account in SNB – Alahli Bank

Alahli Bank, one of the oldest and most prestigious banks in Saudi Arabia, offers a range of distinguished services that leave customers constantly pondering: “How can I invest my money in Alahli Bank?” and “What’s the best way to invest my financial assets?” In this comprehensive guide, we’ll delve into the details of investing money in Alahli Bank, covering essential information about investment methods.

Opening an Investment Account

Before diving into investment strategies, it’s crucial to open an investment account. Here are the steps to do so:

1. Visit the official website of Alahli Bank.
2. Click on “New Account.”
3. Agree to the terms and conditions.
4. Fill in the required information in the designated fields.
5. Create a username and password.
6. Log in with your credentials.
7. Create one of the following portfolios: Investment Fund Portfolio, Local Trading Portfolio, Electronic Portfolio.

Investing Money in Alahli Bank

Alahli Bank provides various methods for investing money, including:

1. Deposits with Alahli Bank: This method offers the following advantages:
   • Compliant with Islamic Shariah principles.
   • Maintains the deposited amount with added high-profit margins.
   • Allows deposits in Saudi Riyals or foreign currencies like USD, EUR, and GBP.
   • Flexible investment period, ranging from a week to a full year, based on mutual agreement.
   • Minimum deposit starts from 50,000 SAR or its equivalent in foreign currencies.
   • No maximum limit for deposits.
   • Interest rates vary depending on the amount, currency, and deposit period.
   • Minimum deposit period is one month.
   • Allows withdrawal of up to 90% of the deposit account.
2. Best Deposit Options in Alahli Bank:
   • Notice Deposit.
   • Savings Deposit.
   • Term Deposits.
3. Investment Funds with Alahli Bank: Alahli Bank Capital is a leading provider of investment services, offering the following investment options:
   • Investment Funds.
   • Income Funds.
   • Alternative Investments.
   • Private Portfolio Management.
   • Multi-Asset Funds.

Subscribing to Alahli Bank’s Investment Funds

Subscription to investment funds is done electronically through the following steps:

1. Log in to your Alahli Trading account.
2. Choose the “Investment Funds” icon from the main menu.
3. Select the desired fund for subscription.
4. Enter the amount you wish to invest.
5. Click on the confirmation box.
6. Agree to the terms and conditions.
7. Click on the “Inquiry about Fund Orders” icon.
8. Click on the search icon to display all relevant details.

Stocks in Alahli Bank

Stocks are among the best ways to invest money in Alahli Bank, offering several types, including:

1. Index Funds: Including funds like Alahli Emerging Markets Index Fund, Alahli Europe Index Fund, and Alahli Asia Pacific Index Fund.
2. Regional Stocks: Such as Alahli Small Cap Saudi Equities Fund and Alahli Gulf Equities Fund.
3. Global Stocks: Featuring options like Alahli Healthcare Equity Fund and Alahli Global Real Estate Income Fund.

Cash and Fixed Income Funds

Cash and fixed income funds are divided into two main types, both crucial investment plans provided by Alahli Bank:

1. Cash Market Funds: Including:
   • Alahli Global Trading Fund.
   • Alahli Charity Fund.
2. Fixed Income Funds: Comprising:
   • Alahli SAR Diversified Fund.
   • Alahli USD Diversified Fund.

Multi-Asset Funds

Among the most significant investment funds in Alahli Bank are the following multi-asset funds:

1. Alahli Balanced Multi-Asset Fund.
2. Alahli Growth Multi-Asset Fund.
3. Alahli Conservative Multi-Asset Fund.
4. Alahli Extra Income Multi-Asset Fund.

Investing in Alahli Bank’s Assets

Investing in Alahli Bank’s assets offers the advantage of being free from conditions or restrictions, and it’s compliant with Islamic Shariah principles. Through a legitimate profit-sharing system, customers buy commodities, own them, and sell them to the bank at an agreed-upon profit within a specified period, avoiding interest and all prohibited practices.

Advantages of Investing in Alahli Bank’s Assets

When considering investment options with Alahli Bank’s assets, it’s essential to note the following advantages:

• Preserves the capital invested with profitable returns.
• Allows clients to purchase commodities at their preferred time.
• Investment services available in all local and foreign currencies.
• Investment periods range from a week to a year.
• Compliance with Islamic Shariah principles.

Conclusion

Investing money in Alahli Bank offers a myriad of options tailored to meet various investment goals. Whether it’s through deposits, investment funds, stocks, or assets, Alahli Bank provides comprehensive solutions designed to maximize returns while adhering to Islamic principles.