Basic Business Solutions

Credit Facilities

SABB offers a full range of conventional and Shariah compliant business products and services, to meet the requirement of small, medium and large corporate customers.

Overdraft

For your working capital needs, we offer flexibly negotiated Overdraft facilities in Saudi Riyals and foreign currencies.

Loans

We grant loans in Saudi Riyals or foreign currencies over periods suited to your business needs.

Contract Finance

We selectively undertake financing of medium and large contract on a ‘Project Finance’ basis, which are “tailor made” to fit your special needs.

Murabaha Liquidity Finance

This unique product provides SABB business clients with the liquidity they require in full compliance with the Shariah principles. Operating on an Al Tawrruq concept, the bank buys metals on the open market, then sells them to the customer at a deferred payment rate. Once the customer owns the metals, he then authorises the bank to sell the metal and credit his account.

Murabaha Solutions

Murabaha Solutions enable a business to purchase goods or real estate in Saudi Arabia in full compliance with the Shariah priciples. You can request SABB to buy specified goods (e.g. machinery, equipment, raw material) or real estate/property and we will then sell it to your business at a deferred payment rate.

Ijara

Ijara (Leasing) is a medium/long-term method of financing capital equipment or real estate. It is the ideal vehicle for companies who wish to expand without tying up vital cash.

Musharaka

Musharaka is a partnership between SABB and the business client to fund a new project or to provide additional funds for an existing one. It conforms to the underlying partnership principles of sharing the profit and risk. It is normally of limited duration, with profits divided on a pre-determined basis, and losses shared in proportion to the capital contribution.

SABB