On credit investment account
This kind of accounts is designed for those who want to invest their money in order to have lawful profit with high safety and low risk in addition to benefiting from advantages and services offered by the bank knowing that the profit is related to the maturity date for which money is invested (deposit holding period) and also related to the amount of money either in Syrian Pound or foreign currency.
Most important advantages offered by this account:
  • Competitive profits according to the Islamic rules
  • Benefit from all advantages of profit distribution account (current or saving)
  • Different maturity periods (1 month/3 months/6 months/12 months/24 months)
  • Automatic renewal for the same period without the need to visit the bank
  • Withdrawal from such accounts is made on the maturity date (unless by approval of the bank for other dates due to conditions defined according to the case)
  • The ratio of contribution in investment for such accounts' balances is related to the investment period as follows:
    • Deposit account for one month 60%
    • Deposit account for three months 70%
    • Deposit account for six months 80%
    • Deposit account for twelve months 88%
    • Deposit account for twenty four month 90%
  • The possibility to open common account for more than one normal person and also for minors.
  • The minimum amount to open the account according to the table of minimum limits for opening accounts and calculating profits
Profits will be due after the maturity date and such profits will be transferred to the profits account according to the policy approved by the bank which is announced in branches and website.