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Islamic Accounts

Enjoy the benefits and returns applied to Islamic accounts and approved by the bank’s Fatwa and Sharia Supervisory Board.

Al-Tayseer Account

An account approved by the bank’s Fatwa and Sharia Supervisory Board, based on the principle of investment agency, in which the bank is entitled to a specific fee for being the client’s agent in investment, and the bank anticipates future profits based on the profits achieved and actually distributed to clients in previous periods

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Al-Tayseer Account Advantages:

  • The possibility of opening the account for individuals and companies
  • The account is based on the procuration investment.
  • The minimum amount to open the account and calculate the return is 100,000 pounds.
  • The expected return rate is calculated and added to the account balance daily under the settlement account.
  • The annual variable return is disbursed daily under the settlement account based on the profitability of Islamic transactions in the bank and is disbursed according to the investment agency contract/Sharia speculation with the bank.
  • The return calculation begins from the business day following the deposit.
Islamic investment account

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Advantages of Islamic investment account:

  • The account is based on the procuration investment.
  • The expected return rate is calculated and added to the balance at the end of the month under the settlement account.
  • The return calculation starts from the month following the deposit on the lowest balance during the month.
  • The possibility of opening the account for individuals and companies.