Zood Al-Ajyal Savings Program

• Instill a culture of saving in children from a young age
• Support financial independence and smart future planning
• Develop budgeting and expense management skills
• Contribute to Vision 2030 by enhancing financial literacy among the next generation

• A comprehensive banking experience tailored for children
• Monthly incentives of up to  SAR 15
• Monthly and quarterly prizes of up to  SAR 300
• Educational video content designed for young users
• Full parental supervision with real-time monitoring of savings progress

• Saudi citizens aged 6 to 18 years

• 3 years , or until the participant turns 18 years old

• The guardian logs into the alinma App
• Go to the Family Accounts section
• Select the child to enroll in the Zood Al-Ajyal program
• Choose Zood Al-Ajyal Savings Program from the list
• Tap on Subscribe to enroll in the program
• Confirm the subscription as the guardian

• Zood Al-Ajyal Program is available exclusively to Saudi citizens aged 6 to 18 years.
• Enrollment in the program must be completed through the alinma App and by the child’s guardian (father only).
• alinma Bank’s role is limited to opening and managing the savings account.
• Monthly incentives and quarterly rewards are disbursed based on the criteria set by the Social Development Bank.
• For any inquiries, claims, or complaints related to the program or the financial incentives and rewards, please contact the Social Development Bank through their official communication channels.

Who is eligible to participate?

All Saudi children aged 6 to 18, based on the date of birth listed in the family register.

Are there any fees for opening an account and subscribing to the program?

There are no fees.

Can children enroll directly?

No, enrollment must be completed by the guardian through the alinma App .

When are the incentives and rewards paid?

Incentives and rewards are deposited by the Social  Development Bank at the beginning of each Gregorian month, based on eligibility criteria.

How do I qualify for the monthly incentive?

By saving a minimum of SAR 10 per month. Incentives are calculated by comparing the account balance on the last day of the current month with the last day of the previous month.

How do I qualify for the monthly and quarterly prizes?

To enter the draw for monthly prizes (SAR 100) and quarterly prizes (SAR 300), the following conditions must be met:

Consistent savings behavior

1. Regularity in Saving Behavior
2. Watching the educational content provided
3. Correctly answering the quiz in the “My Financial Knowledge” section of the alinma App
4. Setting and approving a savings goal within the program
5. Achieving the approved savings goal

What is the duration of participation in Zood Al-Ajyal?

 3 years, or until the participant reaches 18 years of age.