Business
Banking Deposits
Current Account (Qard-ul-Hasan)
Current Account
(Qard-ul-Hasan) makes managing your business banking needs more convenient.
This demand account is offered based on the principle of Qard (interest free
loan). Under this Shariah principle, the money deposited into this account is
not subject to any risk in investment nor is it exposed to profit or loss. When
demanded, the bank will pay the whole sum of money.
Eligibility:
- Business
and Non-Business Organization Account: including Companies, Association,
Clubs, Societies, Institutions, Government Agencies.
Initial Deposit for Corporate:
- 5000 AFN or
100 USD/EURO
Features & Benefits:
- Cheque book
for withdrawal and payment
- ATM or
Debit Master Card facility
- 24-hour
Internet Banking services
- 24-hour
Customer Care Centre
- 24-hour
3131 Telephone line services
- POS Machine
Savings Account (Mudaraba)
Savings Account
(Mudaraba) is a smart way of planning and managing your money. It adopts the
Shariah principle of Mudaraba in which the Customer deposit their money as
investors and the Bank will share the investment returns with the customers
based on a mutually agreed sharing ratio. You can be assured that the money
deposited into this account is invested in accordance to Shariah principles.
Eligibility:
- Business
and Non-Business Organization Account: include Companies, Association, Clubs,
Societies, Institutions, Government Agencies
Initial Deposit for Corporate:
- 5000 AFN or
100 USD/EURO
Features & Benefits:
- Attractive
profit-sharing ratio
- Flexible
tenure
- Quarterly
Profit Transferring
- ATM or
Debit Master Card facility
- 24-hour
Internet Banking services
- 24-hour
Customer Care Centre
- 24-hour
3131 Telephone line services
- POS Machine
Fixed Deposit (Mudaraba)
Fixed Deposit
(Mudaraba) is based on the concept of Mudaraba. Under this concept, customer
will provide the capital for the bank to invest for a fixed duration. The
profit earned from the investment will be shared as dividends between customer
and the bank according to the predetermined mutually agreed Profit Sharing
Ratio (PSR). The money deposited into this account is managed and invested in
profitable project that yields fair returns in accordance to Shariah
principles.
Eligibility:
- Business
and Non-Business Organization Account: include Companies, Association, Clubs,
Societies, Institutions, Government Agencies
Initial Deposit for Corporate:
- 5000 AFN or
100 USD/EURO
Tenure:
- 1 to 5 years
and above 5 years
Features & Benefits:
- Attractive
profit-sharing ratio
- Flexible
tenure
- Quarterly
Profit Transferring
- Transparent
Investment Policy
- ATM or
Debit Master Card facility
- 24-hour
Internet Banking services
- 24-hour
Customer Care Centre
- 24-hour
3131 Telephone line services
- POS Machine
Comments