Wealth Services
What is the Idikhari Program?
Idikhari enables goal-based investing by assessing financial goals, savings, and
risk appetite, offering automated contributions and real-time tracking.
How to Subscribe
Login to SNB Captial App
Go to "Menu" from the bottom bar
Choose “Individual Saving Platform” from the menu
Choose “Create a New Plan
Start designing your plan based on your goals
How to Get Started
Easy access through SNB Capital mobile app
Login to the SNB Capital app (Download here)
Easy enrollment and subscription process
Go to the Menu from the bottom bar
On spot account opening and subscription, no waiting time
Select “Individual Saving Platform”
Ability to have more than one plan with different goals
Choose “Create a New Plan”
Flexibility to switch between plans
Customize your plan based on your financial goals
Lower subscription amounts
Advantage of having lower minimum subscription amounts through the program to SAR 100 and USD 26 instead of SAR 7500 and USD 2500
Easy access through SNB Capital mobile app
Login to the SNB Capital app (Download here)
Easy enrollment and subscription process
Go to the Menu from the bottom bar
On spot account opening and subscription, no waiting time
Select “Individual Saving Platform”
Ability to have more than one plan with different goals
Choose “Create a New Plan”
Flexibility to switch between plans
Customize your plan based on your financial goals
Lower subscription amounts
Advantage of having lower minimum subscription amounts through the program to SAR 100 and USD 26 instead of SAR 7500 and USD 2500
Get In Touch
We are here to assist you with any questions or concerns through our dedicated support channels.
FAQs
Do I need an active current account with SNB Capital to access the Idikhari Program?
Yes
Do I need to open an account with SNB Capital?
Yes
How can I register for the Idikhari Program?
Clients can register for the Idikhari Program through the SNB Capital mobile app.
This can be done via the main menu of the SNB Capital app, by selecting “Individual Saving Program (Idikhari)” and then “Create a New Plan”
What plans are available in the program?
Target-Based Plan: Set a specific target amount to achieve within a defined timeframe.
Investment-Based Plan: Invest a fixed amount on a monthly, quarterly, or
What savings and investment goals does the Idikhari Program support?
Clients can choose from the following saving goals:
Vehicle
Education
Wedding
Property
Travel
Savings
Retirement
What is the minimum investment amount?
The minimum periodic amount is SAR 100 or USD 26, based on the fund currency.
What are the criteria for the recommended plan?
The Idikhari program will automatically display the recommended mutual funds based on the risk level, duration and amount.
Which funds are available within the Idikhari Program?
SNB Capital Multi-Asset Conservative Fund
SNB Capital Multi-Asset Moderate Fund
SNB Capital Multi-Asset Growth Fund
SNB Capital Al Sunbullah SAR
Can I invest in a mutual fund with a higher risk level
Clients who wish to invest in non-recommended funds, will be required to sign a risk waiver form during the plan setup.
How many mutual funds can I subscribe to within the Idikhari Program?
Each Idikhari portfolio will include only one linked mutual fund.
How will the fund contributions be deducted from my current account?
During the setup of your Idikhari plan, the system will prompt you to select your current account and investment start date. Afterward, it will automatically process the standing orders from your bank account with SNB.
When will the investment contributions be deducted from my bank account with SNB and deposited into the Idikhari program
The amount will deducted based on the start date you selected
Can I modify my Idikhari plan?
Yes. You can log in via SNB Capital app, select “Current Plans” from the main menu, and then choose the plan you wish to modify. You can then select from the following modification options:
Adjust Duration
Modify Contribution Amount
Change Asset Allocation
Can I add an additional contribution to my existing plan in the Idikhari Program?
Yes
Can I withdraw any amount from my current plan in the Idikhari Program?
Yes, based on the terms and conditions of the fund.
Can I stop the execution of standing orders in the Idikhari Program?
Yes, you can suspend your plan, and the standing orders will be adjusted accordingly.
Will the plan be automatically reactivated after suspension?
Yes, after the specified suspension period ends.
Are there any fees for the Idikhari Program?
Currently, Idikhari Program subscription fee is waived, and only the mutual fund fees will apply, based on the terms and conditions of the funds.
Are there any reports for the Idikhari Program?
Are there any reports for the Idikhari Program?Yes, dedicated reports are available within the Idikhari Program under the “Reports” section of the SNB Capital app, where you can monitor the performance of your Idikhari portfolios
Will I receive a notification as my plan nears completion?
Yes
Can I cancel my Idikhari plan at any time?
Yes
Are there any cancellation fees?
Yes
Is the Idikhari Program Shariah-compliant?
Yes, all existing mutual funds in the Idikhari Program are Shariah-compliant
Am I exempt from Zakat payment when investing in Idikhari Program?
The existing mutual funds in the program are not Zakat exempted funds and the client will be required to pay Zakat accordingly.