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Ameen Term Deposit

  • Based on the concept of Wakalah.

  • Fast and easy account opening.

  • Minimum balance of OMR 1,000.

  • Profit calculated on daily basis & paid on agreed intervals.

  • Wakalah investment available in local & foreign currencies.

  • Wide selection of tenure from 1 day up to 60 months.

  • Standing instructions to reinvest again for the same/ different tenures along with profit.

  • Relatively higher expected profit rate than standard savings account & fixed deposit and almost fixed profit.

  • Fixed period of account operation for better planning of personal finance.

  • Early termination of contract option with no penalties (adjusted profit rates apply).