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Open an Account Personal Accounts
 
PERSONAL ACCOUNTS
 
 
Savings Account
Savings account operates under Modaraba principle. It earns the corporate customers income depending upon the Bank’s financial results whereby the Bank pays profit to the account holders as agreed previously…more



Current Account

Current Accounts are based on the principle of Qard, whereby the corporate customers are guaranteed repayment of their funds on demand but do not receive profit on their balances…more



Modaraba Account
Modaraba investment accounts function under Modaraba unrestricted (Al-Mutlaqa) principle, in which the investor (Rub-AlMall) provides capital and the bank as Modarib provides…more
 
TERMS & CONDITIONS - Ithmaar Bank Terms and ConditionsPlease Click Here to download the Terms and Conditions
 

STEPS

1. Download the form
2. Print the form on standard A4 paper
3. Complete the form
4. Prepare supporting documents (For account opening only)
5. Prepare initial deposit (For account opening only) .Please refer to respective product pages in website for details on required initial deposit or click here for Schedule of Charges
6. Visit our nearest branch to submit the form and proceed with your request Click here for list of branches

Note: The applicant is required to sign the needful documents (i.e. terms and condition, application form) during his visit to the branch


Ithmaar Bank
The above documents are PDF Files, you must have Adobe Acrobat Reader installed to view these pages click here to download Adobe Acrobat Reader.
 
 
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PROFIT RATES (%) : 2013-2014
Tenor
Jan
Feb
Mar
1 month
1.25
1.20
1.20
3 months
1.75
1.70
1.70
6 months
2.25
2.20
2.20
9 months
2.50
2.45
2.45
1 year
2.75
2.70
2.70
13 303030
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