Invest your money safely and per the provisions of Islamic Sharia

Special investment accounts are accounts in which clients deposit money and the Bank invests the deposited amounts according to  agreed-upon investment terms, based on the specific Mudharabah contract.

Account Benefits:

• Investing your money in compliance with Sharia regulations
• The investment location will be specified.
• According to the terms of the Mudharabah contract, the client and the Bank will share any losses or profits resulting from this investment, except for losses resulting from violation or default on the part of the Bank.

Conditions for Opening an Account:

• The client gives the Bank a full delegation to invest the deposited amount in the pre-agreed investment sector, and for the agreed period. The investment can be renewed on the due date.
• The Bank is liable for a percentage of the net profit, according to the agreed terms and according to the profit distribution policy.
• The Bank is not liable for any loss, except for losses resulting from violation or default from the Bank.
• The Bank’s records are the definitive evidence in case of any discrepancies.
• The special investment account remains active until the liquidation of the investment and the realization of the results of the investment.