are opened by individuals or institutions for payments and withdrawals,
within the limits of their balance, for their management needs. These
accounts bear no yield for either the bank or the client.
are opened by customers investors in order to invest their surplus capital
on the basis of MUDHARABA (sharing in the return on investment). As
a result, these accounts are not managed on the basis of a set interest
rate. The holder of the account shares a part in the net profits generated
by the investment of these funds in one or more given projects.
* Specific Investment Accounts
This procedure enables the depositor to invest his capital in a specific project chosen beforehand. A share of the dividends from the investment goes to the investor in accordance of the terms of the mudharba contract.
depositor empowers the bank to invest of the amount deposited in a number
of. projects. Dividends are distributed to the investor in accordance
same of the terms of the mudharba contract.
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