Features and Benefits

  • A shariah compliant term deposit investment account
  • Based on the principles of Mudaraba contract
  • Tiered profit sharing quarterly based on lowest monthly balance
  • The higher the balance, the higher the customer profit ratio
  • Conveniently located branches and ATMs
  • Flexible investment tenure (3 months to 5 years)
  • SMS banking, mobile banking and online banking
  • No monthly or annual account maintenance fee
  • Tiered profit sharing ration (PSR) calculated and distributed at maturity if the required minimum balance is maintained
  • Detailed account statement every three months on request
  • Access to personal finance

Requirements

  • Minimum initial deposit of $10,000
  • Minimum daily balance of $10,000
  • Copy of National/State ID/Passport
  • Completed and signed application form

FAQs

No FAQs enlisted yet.

Still haven't decided? Have a look at all of our Accounts

An investment account in which Amal Bank makes the ultimate investment decision on behalf ...

Don’t just save, earn on your savings. Open your Amal Bank’s general savings account, ...

We understand that your personal financial needs change as your day-to-day personal circum...