Deposits provide our clients who wish to invest their funds with competitive returns in accordance with the provisions and principles of Islamic Sharia. These deposits are managed in a speculation manner, whereby the client deposits their funds and grants the bank the right to invest them in Sharia-permissible activities, while the bank manages these investments to achieve the mutual benefit.
Returns are distributed periodically according to the agreed time periods, giving clients the flexibility to withdraw or benefit from the returns on their investments to achieve their financial aspirations, within a framework of transparency and Sharia compliance.
Features:
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Deposits provide our clients who wish to invest their funds with competitive returns in accordance with the provisions and principles of Islamic Sharia. These
-
deposits are managed in a speculation manner, whereby the client deposits their funds and grants the bank the right to invest them in Sharia-permissible activities, while the bank manages these investments to achieve the mutual benefit.
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Returns are distributed periodically according to the agreed time periods, giving clients the flexibility to withdraw or benefit from the returns on their investments to achieve their financial aspirations, within a framework of transparency and Sharia compliance.
Returns:
- Highest profit returns on Al-Salam Capital Investment Bank's deposits.
- Based on legitimate Mudaraba, and profit-sharing or loss-bearing principles.
Breaking the deposits:
- Within the first year of deposit before the maturity date: The profit for the previous year will be deducted if the deposit is broken before the end of the contract period, according to the conditions set at the time of establishment.
- Breaking or redemption after the maturity date: The net value of the deposit will be credited to your bank account.