We have introduced this service to meet your needs and requirements for investing your funds in accordance with Islamic Sharia principles. Which achieved by investing the funds in assets and transactions that comply with Islamic Sharia rules and standards, while committing to a set of specific guidelines and restrictions.
Features:
- Al-Salam Capital Bank's savings accounts provide a secure and stable environment for saving, and help individuals to achieve their financial goals without incurring the significant risks associated with other types of investments.
- Savings accounts assist individuals to achieve their financial goals such as purchasing a new house, educating children, or early retirement.
- Encourages saving by offering profits on deposited funds, motivating individuals to save regularly and build a financial reserve for the future.
- Savings accounts are typically used for long-term funds, but they also provide flexibility in accessing funds in cases of emergencies or urgent needs.
- Saving accounts involve lower investment risks compared to other investments such as stocks and bonds, Saving accounts are regarding to be less risky and more stable as they are not affe
- cted by market fluctuations.
- Savings accounts are fee-free, which make it easier for individuals to continue saving without incurring additional costs.
- In many countries, deposits in savings accounts are secured up to a certain amount, providing additional protection for deposited funds.
- Savings accounts can be easily managed through the bank's digital channels or branches, making them a flexible and convenient tool for everyone.
- Account confidentiality.
- Available for citizens, residents, and expatriates.
- Available in currencies (Yemeni Rial, Saudi Riyal, US Dollar, Euro, British Pound).
- Ability to make domestic and international transfers.
- Access to Al-Salam Capital Bank ATM card.
- 24-hour withdrawal service available through ATMs or other bank services.
- An appropriate and essential channel for receiving profits generated from Al-Salam Capital investment deposits.
- Obtain halal profits in accordance with Islamic Sharia principles.
- Ability to obtain a detailed statement of all transactions conducted on the account.
- Ability to transact with your account from any branch of Al-Salam Capital Bank, without being limited to the branch where the account was opened.
- Compliant with Islamic Sharia principles.
Account Opening Requirements:
Visit the nearest branch of Al-Salam Capital Bank with the following documents:
- Original valid national ID card or passport.
- Recent photograph taken during the account opening process (4x6).
- Signing on the Know Your Customer (KYC) form.
- Signing on the account opening agreement and signature card.
- paying the Minimum account deposit.
Returns:
- Al-Salam Capital savings accounts offer high-profit rates.
- Based on Islamic Sharia principles, sharing in profit or loss.
