Mudarabah Savings Account
Islamic Mudarabah Saving Account is based on the Mudarabah concept which generates profit on customers average daily account balances. The most important difference between this account and conventional saving accounts is that the customers’ funds are invested in Shariah Compliant Islamic assets and customers benefit from the profit that these assets generate.
Features and Benefits of Islamic Mudarabah Saving Account include:
Approved by SAB’s Shariah Committee
A periodic statement is provided to record account transaction details
Supports standing instructions being placed