Al Hassad Account — Kuwait Finance House Egypt | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 3 Nov 2026
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Islamic

Al Hassad Account

Kuwait Finance House Egypt · Savings · Islamic · Egyptian Pound · 2.5 · Tuesday 18 August 2026 - 09:54 PM

The Al Hassad Account combines an expected annual return of up to 56%, paid monthly, with multiple opportunities to win prizes through monthly and annual draws

Interest rate
5%
Min. opening deposit
EGP 5,000
Monthly fee
EGP 0

Returns

Interest type
Floating
Base rate
5%
Max rate
5%
Payout
Compounded monthly
Rate tiers
  1. ≥ EGP 5,001
    5%

Balance & withdrawals

Min opening deposit
EGP 5,000
Min balance for interest
EGP 5,001
Overdraft allowed
No

Fees

Opening fee
EGP 150
Monthly fee
EGP 0
Quarterly fee
EGP 175
Below-minimum fee
EGP 75

Features & requirements

Debit card
Yes
Online banking
Yes
Mobile banking
Yes
Joint account
No
Minor account
No
For women
No
For pensioners
No

Do the maths

Al Hassad Account

See how regular monthly deposits grow your balance over time.

Enter values to see the result.

Results are estimates for guidance only and may differ from a bank's actual offer.

Our take 2.5

2.5 Banky rating

Pros

  • Two chances for every EGP 50,000 in the monthly draws.
  • Four chances for every EGP 50,000 in the annual draws.

Cons

  • The expected return is not calculated for the month of deposit or the month of withdrawal.

Our take

The Al Hassad Account is an attractive savings option offering an expected return of up to 56% annually, paid monthly, with a minimum opening balance and profit-earning balance of EGP 5,000. The account also provides customers with opportunities to participate in monthly and annual draws, with two chances for every EGP 50,000 in monthly draws and four chances in annual draws. The longer customers maintain their balance, the more chances they can earn, combining regular returns with additional opportunities to win prizes.

The Al Hassad Account combines an expected annual return of up to 56%, paid monthly, with multiple opportunities to win prizes through monthly and annual draws

Compare

Alternatives at a glance
Al Hassad Account Kuwait Finance House Egypt This one Saving Account Kuwait Finance House Egypt Free Investment Faisal Islamic Bank-Egypt Monthly Saving Account Al Baraka Bank Egypt
Interest rate
5% 5% 4.8% 6% – 16%
Min. opening deposit
EGP 5,000 EGP 5,000 EGP 5,000 EGP 3,000
Monthly fee
EGP 0 EGP 0 EGP 0 EGP 40
Compare with 3 similar savings

Added Tuesday 19 May 2026 - 09:37 PM Updated Monday 19 October 2026 - 02:20 PM