Personal Banking Deposits

Current Account (Qard-ul-Hasan)

Current Account makes managing your personal banking needs more convenient. This demand account is offered based on the principle of Qard (non interest bearing 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. The money is payable on demand.

Eligibility

  • Individual account / Joint account: 18 years and above

Initial Deposit for Individual

  • 1000 AFN or 20 USD/EURO

Features & Benefits

  • Cheque book for withdrawal and payment
  • Monthly account statement
  • 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 adopts the Shariah principle of Mudaraba in which the Customer deposit their money as investors (Rab-ul-mal) and the Bank as (Mudarib) or Fund Manager 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. Mudaraba Savings Account is a smart way of planning and managing your money.

Eligibility

  • Individual account / Joint account: 18 years and above
  • Trust account: below 18 years

Initial Deposit for Individual

  • 1000 AFN or 20 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 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). You can be at ease knowing your wealth is efficiently managed and your investments are pooled in profitable project that yields fair returns in accordance to the principles of Shariah.

Eligibility

  • Individual account / Joint account: 18 years and above

Initial Deposit for Individual

  • 1000 AFN or 20 USD/EURO

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