Features and Benefits

  • A shariah compliant savings account based on the principles of Mudaraba contract
  • Tiered profit sharing ratio (PSR) calculated monthly and distributed quarterly if the required minimum balance is maintained
  • The higher the balance, the higher the customer profit ratio
  • Conveniently located branches
  • SMS banking, mobile banking and online banking
  • Free over the counter deposit, withdrawal and transfer
  • Access to Automatic transfer from current account
  • No annual account maintenance fee if the required minimum balance is maintained
  • Detailed account statement every three months on request
  • Access to personal finance
  • Access to Automatic transfer from current account

Requirements

  • Minimum initial deposit of $20
  • Minimum daily balance of $20
  • Cash withdrawals only at the bank branch
  • Copy of National/State ID/Passport
  • Completed and signed Application Form

FAQs

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