Business Banking Deposits

Current Account (Qard-ul-Hasan)

Current Account (Qard-ul-Hasan) makes managing your business banking needs more convenient. This demand account is offered based on the principle of Qard (interest free loan). Under this Shariah principle, the money deposited into this account is not subject to any risk in investment nor is exposed to profit or loss. When demanded, the bank will pay the whole sum of money.

Eligibility

  • Business and Non-Business Organization Account: include companies, association, clubs, societies, institutions, government agencies

Initial Deposit for Coporate

  • 5000 AFN or 100 USD/EURO

Features & Benefits

  • Cheque book for withdrawal and payment
  • ATM or Debit Master Card facility
  • 24-hour Internet Banking services
  • 24-hour Customer Care Centre
  • 24-hour 3131 Telephone line services
  • POS Machine

Saving Account (Mudaraba)

Savings Account (Mudaraba) is a smart way of planning and managing your money. It adopts the Shariah principle of Mudaraba in which the Customer deposit their money as investors and the Bank will share the investment returns with the customers based on a mutually agreed sharing ratio. You can be assured that the money deposited into this account is invested in accordance to Shariah principles.

Eligibility

  • Business and Non-Business Organization Account: include companies, association, clubs, societies, institutions, government agencies

Initial Deposit for Corporate

  • 5000 AFN or 100 USD/EURO

Features & Benefits

  • Attractive profit-sharing ratio
  • Flexible tenure
  • Quarterly Profit Transferring
  • ATM or Debit Master Card facility
  • 24-hour Internet Banking services
  • 24-hour Customer Care Centre
  • 24-hour 3131 Telephone line services
  • POS Machine

Fixed Deposit (Mudaraba)

Fixed Deposit (Mudaraba) is based on the concept of Mudaraba. Under this concept, customer will provide the capital for the bank to invest for a fixed duration. The profit earned from the investment will be shared as dividends between customer and the bank according to the predetermined mutually agreed Profit Sharing Ratio (PSR). The money deposited into this account is managed and invested in profitable project that yields fair returns in accordance to Shariah principles.

Eligibility

  • Business and Non-Business Organization Account: include companies, association, clubs, societies, institutions, government agencies

Initial Deposit for Corporate

  • 5000 AFN or 100 USD/EURO

Tenure

  • 1 to 5 years and above 5 years

Features & Benefits

  • Attractive profit-sharing ratio
  • Flexible tenure
  • Quarterly Profit Transferring
  • Transparent Investment Policy
  • ATM or Debit Master Card facility
  • 24-hour Internet Banking services
  • 24-hour Customer Care Centre
  • 24-hour 3131 Telephone line services
  • POS Machine