Alinma Bank Launches the Education Account

Alinma Bank has launched its marketing campaign for the bank’s“Education Account,”a first of its kind service for education sector staff in Saudi Arabia. The Education Account provides a range of benefits and services for sector workers who transfer their salary deposits to Alinma Bank. Benefits include “no down payment” real estate and personal financing, priority service at bank branches, “no profit margin” education financing, and extension of account benefits and services to spouses.

The Education Account and its accompanying campaign were developed to exemplify the bank’s commitment to the education sector in the Kingdom and in recognition of the role the sector plays in community service and developingyoungergenerations of Saudis. The campaign offers education sector staff withuniquefinancial solutions designed to meet their needs. As always, the Education Account is fully Shariah-compliant.

Mr. Fahad Al-Semari, the General Manager of the Retail Banking group at Alinma Bank, confirmed that support of the education sector and its employees was at the forefront of the bank’s priorities. He explained that the Education Account is opento workers in both government and private institutions, includingschools, universities, institutes and vocational training institutions.

Mr. Al-Semari added that Alinma Bank is ready to serve its partners from the educational sector through any of its 79branches acrossthe Kingdom.Services are also available through any of the bank’s 24-7 electronic channels including Alinma Internet (, Alinma Mobile Alinma Phone (8001208000) and the bank’s kingdom-wide network of 600 ATMs.