Bank AlBilad is fully Sharia-compliant. Your statement mixes Sarie credits, SWIFT inflows, and Murabaha installments — Kashfbank separates them so freelance income stays clean.
Convert your AlBilad statementBank AlBilad, founded in 2004 and headquartered in Riyadh, is fully Sharia-compliant. For Saudi freelancers banking with AlBilad, the statement bundles three things on one page: domestic Sarie transfers from local clients, international SWIFT credits from overseas clients, and Murabaha installment debits if you took retail finance. Mixing them by eye is slow.
Freelance income for ZATCA disclosure is the sum of inbound transfer credits — not Murabaha drawdowns and not internal account moves. AlBilad's bilingual PDF helps, but the Arabic-primary description column still needs structured extraction before any totaling makes sense.
The AlBilad statement runs: Date (DD/MM/YYYY), Arabic-primary Description with English equivalent, Reference, Debit, Credit, Balance. Income-side rows you care about: "حوالة سريعة واردة" for inbound Sarie transfers from local Saudi clients, "حوالة دولية واردة" for inbound SWIFT from foreign clients, and "راتب" if you also hold a salaried role alongside freelance work.
On the expense side, "قسط مرابحة" is a Murabaha installment debit (a liability reduction, not a business expense), "إجارة شهرية" is a monthly Ijarah payment, and POS-MADA debits cover retail purchases at 15% VAT-inclusive value.
The CSV gives you one column per concept. Filter it and the freelance picture appears.
Bank AlBilad statements are bilingual PDF documents in SAR. Columns are: Date (DD/MM/YYYY), Transaction Description (Arabic-primary with English equivalent), Reference, Debit, Credit, Balance. Islamic product terminology — Murabaha, Musharaka, Ijarah — appears throughout. Statements typically include a header summary with account holder name, IBAN, and period dates.
| Label | Meaning |
|---|---|
| قسط مرابحة | Murabaha installment debit |
| إجارة شهرية | Monthly Ijarah (lease-to-own) payment |
| POS-MADA- | Mada debit card transaction |
| حوالة سريعة | Sarie instant transfer |
| راتب | WPS salary credit |
Saudi freelancers under the Misk freelance license must register with ZATCA and report income; a converted bank statement showing all Mada and SWIFT credits is the primary proof of earnings.
Export from Bank AlBilad Mobile
Generate a PDF for your ZATCA year or any audit period. AlBilad statements are bilingual and reflect Sharia-compliant product activity throughout.
Upload to Kashfbank
Drop the PDF in. Sarie and SWIFT credits are tagged separately; Murabaha installments are flagged in the Category column so they don't contaminate income totals.
Filter for freelance income
Sum "حوالة سريعة واردة" plus "حوالة دولية واردة" rows. Exclude "قسط مرابحة" and internal transfers. The result is your gross freelance income for the period.
Hand off to ZATCA or your accountant
Export the filtered view as CSV. Pair it with invoice records for ZATCA disclosure or for any Misk freelance license renewal documentation.
Common challenges
Bank AlBilad is Sharia-compliant. Does that change how my freelance income is reported?
No. Sharia compliance affects the bank's products, not your income classification. Inbound Sarie and SWIFT credits are freelance income regardless. What changes is the expense side: Murabaha installments are liability reductions, not business expenses. Kashfbank tags each row so the classification is explicit.
Do foreign-currency SWIFT credits convert correctly on the AlBilad statement?
AlBilad credits foreign wires in SAR after FX conversion at the bank's rate. The original currency and amount usually appear in the description field. Kashfbank preserves both in the CSV so you can reconcile the converted SAR amount against the original USD or EUR invoice.
How does Kashfbank treat "إجارة شهرية" entries on my AlBilad statement?
Ijarah monthly payments are split-purpose: part is asset acquisition (principal), part is finance cost (profit). Kashfbank tags the row as Ijarah; for your books, use the lease schedule to split each entry between asset reduction and finance expense.
Can I use the CSV to support a Misk freelance license renewal?
Yes. The Misk freelance license process accepts bank statement evidence of freelance income. The CSV filtered to inbound transfers shows your project income trail, which pairs cleanly with invoice copies for renewal submission.
Tax Preparation
Convert PDF bank statements to clean spreadsheets for Zakat, VAT, corporate tax, and self-assessment filings across GCC and international markets.
Loan Applications
Prepare clean, lender-ready bank statement exports that prove stable income and responsible financial behavior for personal and business loan applications.
Mortgage Applications
Prepare 6–12 months of verified, structured bank statement data for mortgage underwriting — covering down payment seasoning, income stability, and GCC real estate requirements.
Regulator: Saudi Central Bank (SAMA)
Fiscal year: Hijri fiscal year (government); Gregorian Jan–Dec (most private sector)
Full country guide →Statement language: Arabic / English