Mudarabah
Savings Account
Mudarabah Savings Account is designed specifically
to meet the requirements of customers who authorize the Bank to invest their
cash deposits. Customers can deposit or withdraw money at any time they wish,
and they will earn halal profits on their savings.
Key
Features & Benefits:
·
Joint Accounts: Permitted. (Max three
individuals)
·
Free transfer of funds between accounts
within the bank allowed.
·
Facility of multi-city/multi-branch
banking, if opened in any of the networked branches.
·
You must be at least 18 years old.
·
Applicable only for individuals.
·
AIB International Debit Card facility
·
Quarterly profit/loss payment
·
A minimum balance of $100 only to open the account
·
Profit announcement at end of every
quarter
·
Access to the entire online branch network
·
Access to all ATMs linked
·
Free Internet Banking service
·
Free Account statement facility
·
20% Government tax deduction from the
earned profit.
Eligibility
Criteria:
·
You must be at least 18 years old.
·
Original of Tazkera for local/ Passport
for foreigner
·
One passport size photo
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