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Reviews / Meem Edition №07 · 11 March 2026 · 1,500 words

Meem,
reviewed.

Gulf International Bank's digital banking arm — Sharia-compliant by structure, SAMA cover via parent.

Editor
Stephan Kulik
Founded
2014
EU customers
—
min read
6 / ~1,500
Disclosure Meem does not pay us a referral fee. This review is purely editorial. See the methodology → meem · no_commission
82/100
Sharia-compliant by structure: profit-share instead of interest. SA DPS cover via the GIB parent.
Rank #33 / 60KSA Sharia-compliant digital
CategoryKSA Sharia-compliant digital
LicenceFull
MeemEdition №07
Licence
Full credit institution
SAMA (via Gulf International Bank parent)
Deposit protection
SAR 200,000 (SAMA DPS via GIB)
Saudi Deposit Protection Fund
Customers (EU)
—
As of 2026-Q1 — // TODO(verify)
IBAN
SA (multi-currency)
SAR + USD + GBP wallet
01
Reviews

Meem, in full.

What Meem is, in 2026

Digital banking arm of Gulf International Bank. SAMA-regulated via the GIB parent licence. Sharia-compliant product structure (profit-share rather than interest-bearing accounts).

Safety and regulation

SAMA full-bank cover via the GIB parent; SA Deposit Protection Fund up to SAR 200,000 per depositor.

Who Meem is for

Use Meem if: you want Sharia-compliant Saudi digital banking with private-banking-grade investment access. Use stc Bank if you don't need Sharia compliance and want the broader customer base + telecom integration.

02
Pricing

Meem's plans, side by side.

Meem Personal
Custom /mo
Free — Gulf International Bank subsidiary
  • Free — Gulf International Bank subsidiary
03
Scorecard

How we got to 82.

82/100
Same six dimensions we apply to every neobank in the index. Weights published; unchanged within an edition.
Regulation & safetyLicence class · DGS · resilience
25%88
Pricing & feesTransparent and competitive
20%88
Hands-on UXExtended primary-account test
20%85
FeaturesVaults · stocks · crypto · insurance
15%90
App stores iOS 4.2 · Android 4
10% 82
04 — Verdict

Sharia-compliant Saudi digital banking by GIB.
One of the earliest KSA digital-banking offerings (2014). GIB private-banking heritage.

Meem launched in 2014 as the digital banking arm of Gulf International Bank — one of the first KSA digital-only banking offerings. Sharia-compliant by structure: returns are framed as profit-share rather than interest. Operates under GIB's full Saudi banking licence (SAMA-regulated). SA Deposit Protection Fund cover applies via the parent. Distinguishes itself vs. stc Bank by depth of wealth-management access through the GIB private-banking heritage; lower customer reach than stc Bank's telecom-scale distribution.

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Edition №07 · Updated 11 March 2026