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Corporate Banking |
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Modaraba |
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Modaraba investment accounts function under Modaraba unrestricted (Al-Mutlaqa) principle, in which the investor (Rub-AlMall) provides capital and the bank as Modarib provides the expertise for the investment of capital with the purpose of earning “halal” profit (lawful) which will be divided between the two parties in ratios agreed upon.
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Can be opened in the name of Individuals, Joint Personal, Sole Proprietorship, Body Corporate, Club, Society, or any other legal entity; |
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Can be opened in Bahraini Dinars and US Dollars; |
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High profit rate paid on monthly basis; |
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Terms of deposit could be monthly, quarterly, semi-annually or annually; |
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Free access to eBanking channels i.e. Internet Banking, Phone Banking and SMS Banking. |
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Online Chat is available
from 7:30 AM to 6:30 PM,
SAT-THU
click here to start live chat |
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| PROFIT RATES (%) : 2011 - 2012 |
| Tenor |
Nov |
Dec |
Jan |
| 1 month |
2.25 |
2.25 |
2.00 |
| 3 months |
2.80 |
2.80 |
2.75 |
| 6 months |
3.25 |
3.25 |
3.00 |
| 1 year |
3.50 |
3.50 |
3.50 |
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13 303030
Call Centre |
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