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Term Deposit Account
- Account Information
- Key benefits and features
- Requirements
Term Deposit Account is a great investment option for depositors who wish to earn Halal returns on their savings. It is open to all customers who wish to invest their excess liquidity on a long-term basis. Customer will only have access to the funds at the maturity of the deposit
- Tailored for both businesses and individuals.
- Available in US Dollar, Euros, Sterling pounds and SOS.
- Minimum deposit amount USD 5000 or equivalent
Available in tenures of 6, 9 and 12 months. - Great returns for invested amounts
- Possibility of reinvesting realized returns.
- Sharia Contract: Mudaraba
- Expected returns are payable on maturity.
- Recent Passport size Photo and Phone number.
- Passport/ Birth certificate/ Driving license.
- Opening balance of $10.
- Active BB Bank Account.