Commodity Investment Account

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Islamic Commodity Investment Account is an innovative Shariah complaint alternative to conventional Time Deposits for investors looking for attractive returns in the short to medium term.

 

Features and Benefits of Islamic Commodity Investment Account include:

  • Shariah compliant alternative to Time Deposits
  • Competitive returns for short to medium term investments
  • Minimum investment amount of SAR25,000
  • Investment available in other currencies: USD, GBP
  • Flexible investment periods of 1, 2, 3, 6 and 12 months
  • Option of upfront profit on your investment.

Example: of 1 Months subscription in (Islamic Commodity Investment Account) Account:

Deposit Amount

AER

Period

Expected Profit Amount

Expected Maturity Amount

SAR 50,000

2.25

1 M

SAR 94

SAR 50,094

 

Example: of 9 Months subscription in (Islamic Commodity Investment Account) Account:

Deposit Amount

AER

Period

Expected Profit Amount

Expected Maturity Amount

SAR 100,000

1.94

9 M

SAR 1455

SAR 101,455

 

Example: of 12 Months subscription in (Islamic Commodity Investment Account) Account:

Deposit Amount

AER

Period

Expected Profit Amount

Expected Maturity Amount

SAR 25,000

2.55

12 M

SAR 640

SAR 25,640

*AER : is an Annual Equivalent Rate, is a figure which shows what the profit rate on an account would be if profit was paid for a full year and compounded.

**AER may differ depending on the amount and the period different form the above example.

*Policy terms and conditions apply

Only available to residents of Saudi Arabia

** To help us continually improve our service and in the interest of security, we may monitor and/or record your telephone call with us.