Mudaraba Savings Account
Share in the bank's investment profits instead of earning interest.
Islamic accounts built on shared profit
Mudaraba and Wakala accounts that follow Sharia principles, reviewed by an independent Sharia board (fictional).
Islamic accounts do not pay interest. Instead, you share in the profit the bank earns from permitted investments. Profit rates are expected, not guaranteed.
All products in this section
Wakala Investment Deposit
The bank invests your money as your agent for an expected profit.
Interest or profit sharing?
| Conventional savings | Mudaraba savings | |
|---|---|---|
| Return | Interest 3.25% p.a., fixed by the bank | Expected profit 3.40%, not guaranteed |
| Basis | Loan to the bank | Partnership: 70% customer / 30% bank |
| If investments lose | Interest still paid | Loss borne by capital provider, except negligence |