Prime Highlights:
- Saudi Arabia opens the second 2026 round of its “Sah” savings program, offering a fixed 4.58% annual return to individual investors.
- The program aims to boost domestic savings, provide low-risk investment options, and encourage citizens to participate in local markets.
Key Facts:
- Minimum investment is SR1,000 per sukuk, with a maximum of SR200,000, and profits are paid at maturity after one year.
- Fitch Ratings reaffirmed Saudi Arabia’s A+ credit rating with a stable outlook and expects the economy to grow 4.8% in 2026.
Background:
Saudi Arabia has launched a new round of its government-backed retail sukuk program, offering individual investors an annual return of 4.58 percent as part of its ongoing efforts to promote household savings and expand access to low-risk investment products.
The second savings round of 2026 under the “Sah” program opened for subscriptions on Feb. 1 and will remain available until Feb. 3. The program lets Saudi citizens invest in government-backed sukuk through approved digital platforms of accredited banks.
These sukuk are made for individual investors and have a one-year term with a fixed return. Profits are paid in full at the end of the year, giving investors a safe and predictable income.
The new round comes after strong demand for the first 2026 savings round, which offered a 4.73% return and sold out in just a few days. This shows that people are becoming more confident in government-backed savings and more aware of financial opportunities.
For this round, the minimum investment is SR1,000 per sukuk, and investors can buy up to 200 sukuk, with a maximum total of SR200,000. Returns in future rounds are expected to fluctuate in line with market conditions.
The sukuk are issued by the Ministry of Finance and arranged by the National Debt Management Center, marking Saudi Arabia’s first national savings product tailored exclusively for individuals. Saudi citizens aged 18 or older can take part in the program if they have accounts with participating banks, including SNB Capital, Al Rajhi Capital, Alinma Investment, SAB Invest, and Aljazira Capital.
The Sah program aims to help people save more, make financial services easier to access, and encourage citizens to invest in local markets.
The program comes at a positive time for the economy. Fitch Ratings recently confirmed Saudi Arabia’s A+ credit rating with a stable outlook, citing strong government finances and large reserves.
