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Convert Bank AlBilad Statements for Your Saudi Clients

Bank AlBilad is fully Sharia-compliant. Murabaha installments are liability reductions, Ijarah payments split between principal and profit — Kashfbank tags both so coding is faster.

Convert AlBilad statements

What AlBilad bookkeeping looks like in practice

Accountants handling Bank AlBilad clients open the same bilingual PDF format every month: Date (DD/MM/YYYY), Arabic-primary Description, Reference, Debit, Credit, Balance. The bank's full Sharia-compliance simplifies one thing — there are no "فائدة دائنة" entries to exclude. But it complicates another: Murabaha installments need correct liability coding, and Ijarah payments need a principal/profit split.

Manual re-keying of these statements is the time sink. The CSV export from Kashfbank lands directly in Zoho Books, QuickBooks, or Xero with the standard column layout (Date, Description, Debit, Credit, Balance, Category). The Category column is the value-add: Murabaha, Ijarah, POS-MADA, Sarie, SWIFT, and Salary are all pre-tagged.

Coding AlBilad entries to the right accounts

Standard Sharia-compliant coding for AlBilad: "قسط مرابحة" debits the Murabaha-payable liability account (principal reduction) plus the finance-cost expense (profit portion if split per the contract schedule). "إجارة شهرية" splits between asset-acquisition (principal) and finance-cost (profit) using the lease amortization. POS-MADA debits hit operating expense at the 15% VAT-inclusive value, with input VAT recoverable against the merchant invoice.

Sarie credits ("حوالة سريعة واردة") and SWIFT inflows ("حوالة دولية واردة") code to accounts receivable or revenue depending on the client and counterparty. The CSV preserves reference numbers in the Description column, supporting three-way matching against invoices and bank reconciliations.

What to pull from the export

Each client engagement needs the same statement cut differently. The CSV cuts in seconds.

  • Monthly debits and credits with running balance for trial-balance reconciliation
  • Murabaha installments ("قسط مرابحة") — liability-account reductions
  • Ijarah payments ("إجارة شهرية") — split per lease schedule
  • POS-MADA debits — VAT-inclusive expense with input-VAT recoverable
  • Year-end closing balance — feeds the client's Zakat base

Bank AlBilad statement format

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.

LabelMeaning
قسط مرابحةMurabaha installment debit
إجارة شهريةMonthly Ijarah (lease-to-own) payment
POS-MADA-Mada debit card transaction
حوالة سريعةSarie instant transfer
راتبWPS salary credit

Saudi Arabia specifics for this use case

Saudi accountants using Zoho Books (dominant in KSA) or QuickBooks can import Kashf CSV exports directly; the SAR/Hijri date mapping requires the Date column to be in DD/MM/YYYY Gregorian for compatibility.

How to do it — step by step

1

Collect AlBilad statements from your client

Request bilingual PDFs covering the bookkeeping period. AlBilad statements reflect all Sharia-compliant product activity, no Islamic-window hybrid to disentangle.

2

Bulk-upload to Kashfbank

Drop all PDFs into a single session. Each file converts independently and is labeled with the source filename for audit-trail clarity.

3

Import the CSVs into your accounting software

Zoho Books and QuickBooks accept Kashfbank's standard column layout directly. The Category column maps cleanly to your client's chart of accounts.

4

Code the Sharia-specific lines

Apply your client's Murabaha and Ijarah contract schedules to split principal versus profit. The CSV gives you the row dates and amounts; the contract gives you the split percentages.

Common challenges

  • •GCC statements in Arabic with Hijri dates requiring dual-date output (Hijri + Gregorian)
  • •Scanned statements with low OCR quality — common in older Egyptian and Lebanese bank PDFs
  • •Multi-page statements where the bank splits across quarterly or monthly PDFs requiring merge
  • •Statements with running balance gaps that signal missing pages (critical for completeness in audit)

Frequently asked questions

Can Kashfbank process multiple AlBilad statements for the same client in one session?

Yes. Upload 12 months of AlBilad PDFs in a single session. Each is converted independently and labeled with the source filename. You can also merge them into one chronological CSV for year-end review.

Does AlBilad split Ijarah payments between principal and profit on the statement?

Not consistently. Some Ijarah installments appear as a single combined amount on the statement. Kashfbank tags the row as Ijarah and preserves the full amount; the principal/profit split comes from the lease schedule in the original AlBilad finance contract.

How does Kashfbank handle AlBilad transactions where the description mixes Arabic and English?

AlBilad's bilingual statements include Arabic primary descriptions with English equivalents. Kashfbank preserves both in the Description column. Your accounting software's import handles mixed-script fields without truncation if the column width is set generously.

What if a Murabaha installment row appears as a debit but my client treats it as an expense?

That is a common coding error. Murabaha installments are liability reductions (principal portion) plus finance-cost expense (profit portion). Booking the full amount as an expense overstates expenses and understates the liability. Kashfbank tags the row as Murabaha so the correct split is applied at coding time.

Other use cases for Bank AlBilad

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Tax Preparation

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Loan Applications

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Bank AlBilad overviewSaudi Arabia banks guide

Convert Bank AlBilad Statement

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Regulatory context

Regulator: Saudi Central Bank (SAMA)

Fiscal year: Hijri fiscal year (government); Gregorian Jan–Dec (most private sector)

Full country guide →

Statement info

SAR

Statement language: Arabic / English

Kashfbank

Turn your bank statement into a spreadsheet in seconds.

العربيةEnglish

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