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Features and Benefits
- A shariah compliant savings 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
- SMS banking, mobile banking and online banking
- Free and unlimited deposits
- Free over the counter cash withdrawal or transfer
- Free saving pass book
- No annual account maintenance fee if the required minimum balance is maintained
- Tiered profit sharing ration (PSR) calculated monthly and distributed quarterly 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: $10
- Minimum daily balance of: $10
- Only up to 3 withdrawals each month
- Cash withdrawals only at the bank branch
- Copy of National/State ID/Passport
- Completed and signed application form
4 Easy way to apply
FAQs
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