Alinma's Sharia-compliant statements export cleanly, but Murabaha, Tawarruq, and profit-distribution entries each need their own ledger treatment. The CSV makes the mapping straightforward.
Convert your Alinma statementsAlinma Bank, fully Sharia-compliant since its 2006 founding, issues structured digital statements that export cleanly. For accountants serving Sharia-compliant entities — many of whom must produce a separate Sharia audit alongside the financial audit — Alinma is one of the easier banks to reconcile. There are no conventional interest entries to filter out. But Murabaha installments, Tawarruq pairs, and profit distributions each need distinct treatment in the general ledger.
Kashfbank preserves Alinma's bilingual descriptions and the reference numbers attached to each row. The structured digital PDF format extracts to CSV in seconds, with Islamic product labels intact for the accountant to map.
The standard mapping for Alinma transactions: Tawarruq proceeds ("تورق" credit leg) post as liability drawdown; the matching commodity-purchase debit clears against the same liability — net effect on the GL is a liability creation. Murabaha installments ("قسط مرابحة") reduce the same liability. Profit distributions ("أرباح الودائع") post to non-operating income. POS-MADA debits split between operating expense and 15% input VAT.
Once mapped for one Alinma client, the rules reuse on every subsequent month. The CSV column structure is stable, so a Zoho Books or QuickBooks import template loads consistently.
Sharia-compliant entity accounting is detail-heavy. Alinma's clean digital statement, converted to CSV, gives you the structured input you need.
Alinma statements are bilingual PDFs with a clean, modern layout. Columns are: Date (DD/MM/YYYY), Transaction Description (Arabic-primary), Reference, Debit, Credit, Balance. Islamic product labels dominate: Murabaha, Tawarruq, and Mudaraba terms appear frequently. The statement is denominated in SAR throughout.
| Label | Meaning |
|---|---|
| قسط مرابحة | Murabaha financing installment |
| تورق | Tawarruq (commodity Murabaha) cash liquidity transaction |
| POS-MADA- | Mada point-of-sale debit |
| حوالة سريعة | Sarie instant domestic transfer |
| أرباح الودائع | Profit on Islamic savings/investment deposit |
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.
Collect client Alinma PDFs
Gather Alinma PDFs for each client. The Alinma Mobile in-app export is the standard source.
Bulk-upload to Kashfbank
Drop multiple PDFs into a single Kashfbank session. Each file converts independently and is labelled with its source filename.
Apply the Sharia-compliant chart mapping
Use a saved template that maps "تورق" pairs to liability drawdowns, "قسط مرابحة" to liability reductions, "أرباح الودائع" to non-operating income, and POS-MADA to operating expense with 15% VAT split.
Import to Zoho Books or QuickBooks
The CSV column order is stable. A one-time import template handles every subsequent month's Alinma statements.
Common challenges
Why does Alinma show Tawarruq as two offsetting entries on the same date?
Tawarruq is a commodity-Murabaha cash-liquidity contract. The credit is the cash drawdown; the matching debit is the bank executing the underlying commodity purchase on your behalf. Net economic effect is liquidity, recorded as a liability. Kashfbank pairs the entries so they don't double-count in your GL.
Can the CSV handle the absence of conventional interest entries cleanly?
Yes. Alinma statements simply do not contain conventional interest rows. The CSV reflects that — there is no "فائدة دائنة" category to map. "أرباح الودائع" (profit distributions on Islamic deposits) is the closest analogue and posts to non-operating income.
How does Kashfbank handle Murabaha installments in the import to QuickBooks?
Murabaha installments ("قسط مرابحة") appear as standard debit rows with the description preserved. In QuickBooks or Zoho Books, set up an import rule that maps any row containing "قسط مرابحة" to the Murabaha liability account. The rule reuses on every monthly import.
What about Alinma's profit distribution entries — operating or non-operating income?
Profit distributions on Islamic deposits are typically non-operating income for a Sharia-compliant business — they reflect return on idle cash rather than the entity's core trade activity. Tag them in the Category column as non-operating before importing to your accounting system.
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Regulator: Saudi Central Bank (SAMA)
Fiscal year: Hijri fiscal year (government); Gregorian Jan–Dec (most private sector)
Full country guide →Statement language: Arabic / English