Mudharabah Current Account-i
The Mudharabah Current Account-i is a current account based on the profit-sharing concept of Mudharabah. Under this concept, a customer provides funds for the bank to invest in permissible activities in accordance with the Shariah. The profits earned from the investment will be shared between the customer and the bank, based on pre-determined mutually agreed Profit Sharing Ratio (PSR).
Wadiah Current Account-i
A Wadiah Current Account-i is based on an agreement between the Customer and the Bank to keep their deposits in the Bank’s custody. The Bank will use this fund in accordance with the Shariah principles.
Wadiah Current Account (e-Eksais)-i
A Wadiah Current Account (e-Eksais)-i is based on an agreement between the Customer and the Bank to keep their deposit in the Bank’s custody. The Bank will use this fund in accordance with the Shariah principles. The Bank may pay hibah (gift) to customers at its own discretion.
Wadiah Basic Current Account-i
A Wadiah Basic Current Account-i is based on an agreement between the Customer and the Bank to keep their deposits in the Bank’s custody. The Bank will use this fund in accordance with the Shariah principles.
Wadiah Multi Currency Current Account-i
A Wadiah Multi Currency Current Account-i is a call or demand deposit product that allows customers to keep a deposit and withdrawal on demand in foreign currencies. The account operates like a normal current account except that all transactions are non-cash and there is no cheque book provided.
