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العربية
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Islamic Mudarabah Saving Account
Take your first steps towards financial stability and open your Mudarabah Saving Account.
Features and Benefits of Mudarabah Saving Account include:
Shariah Compliance based on the “Mudarabah” Concept.
Funds are invested in Shariah-compliant assets.
Ability to manage your account 24/7 though SAB Mobile, SAB phone and SAB Online without any restrictions or additional fees.
Profit calculation based on the daily average balance.
Profit are deposited monthly.
A periodic statement is provided to record account transaction details.
Mada card with an unlimited number of transactions anywhere in the world and it can be issued as a physical or virtual card.
This account accepts salary deposits.
| Monthly Average Balance | AER | Period | Profit distribution | Expected Profit Amount |
§50,000.00 | %0.10 | 1M | Monthly | §4.16 |
|---|
| Monthly Average Balance | AER | Period | Profit distribution | Expected Profit Amount |
| §200,000.00 | %0.10 | 6M | Monthly | §100 |
| Monthly Average Balance | AER | Period | Profit distribution | Expected Profit Amount |
| §500,000.00 | %0.10 | 12M | Monthly | §500 |
*AER: is a figure which shows what the profit rate on an account would be if profit was paid for a full year.
Minimum average required is§5,000 or its equivalent.
To view the disclosure report, click here.
Policy terms and conditions apply.
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