Fixed Deposit Calculator — Saudi Arabia
Calculate your fixed-deposit maturity value and interest in SAR at current rates. No signup, no tracking.
Fixed deposit rates in Saudi Arabia (2026)
Mudarabah term deposits ≈ 4–5% expected profit rate. Al Rajhi, Alinma are major Islamic banks.
At around 4%, the fixed-deposit rate in Saudi Arabia is around the typical range for developed-market deposits.
Reference figures, ~2026. FD interest is often taxable and rates vary by bank and tenure - verify the current rate before depositing.
Worked example
For every SARÂ 100,000 deposited at 4.00% for 5 years (quarterly compounding):
- Maturity value: SARÂ 122,019
- Interest earned: SARÂ 22,019
Scale to your deposit amount. Longer tenures and higher rates grow the maturity value; compare banks before locking in.
How to get the best fixed-deposit return in Saudi Arabia
- Compare several banks - smaller and digital banks often pay more than the big high-street names.
- Ladder your deposits across different tenures so some matures regularly and you can reinvest at new rates.
- Check how often interest compounds; more frequent compounding grows the maturity value.
- Factor in tax on the interest, and compare against short-term government bills or bonds.
Frequently Asked Questions
How is FD maturity calculated in Saudi Arabia?
Maturity = P × (1 + r/4)^(4n) for quarterly compounding, where P is the deposit, r the annual rate and n the years. fin·calc uses this standard method.
What is the current FD rate in Saudi Arabia?
As a 2026 reference, fixed-deposit rates are around 4% per year, varying by bank and tenure. Mudarabah term deposits ≈ 4–5% expected profit rate. Al Rajhi, Alinma are major Islamic banks.
Is FD interest taxable in Saudi Arabia?
Saudi Arabia levies no personal income tax, so bank deposit interest earned by individuals is not subject to income tax (Saudi/GCC nationals pay Zakat on wealth instead, administered by ZATCA).
Is a fixed deposit safe in Saudi Arabia?
Fixed deposits carry no market risk. In Saudi Arabia, bank deposits are protected by the Depositors Protection Fund (DPF), overseen by SAMA (the Saudi Central Bank), up to SAR 200,000 per depositor, per bank. They trade higher safety for lower long-term returns than equities.
Should I choose a fixed deposit or invest instead in Saudi Arabia?
A fixed deposit gives a guaranteed return and suits money you cannot afford to risk. Investing targets higher long-term growth but can fall in value. Many people keep an FD for safety and invest separately for growth.
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Sources
Deposit rates are compiled from each country's central-bank publications and the typical offerings of its major banks, reviewed for 2026 and subject to change — always confirm the current rate with your bank before depositing. See our methodology and editorial policy for how we source and update this data.