Products & Services 

 
PASSBOOK SAVINGS ACCOUNTS

Mudarabah Paid Quarterly (Farvardin[March], Tir[June], Mehr[September], Dey[December]) if there are any gains by the Mauer Bayt el-mel. Average Quarterly Balances of 2.5ozt or more => No Maintenance Charges when Average Quarterly Balance of under 2.5ozt => ﷼ MD/$/�3.00 Maintenance Charge Per Quarter, no interest payable

[*Note: The initial deposit is added to the the membership fee for the first year. 23/Jumadah El-Akhiarah/1447h]

Gold Accounts

Children's Account
Ages: 0-10
Opening Deposit MD$0.07
(A maintained balance of MD$5 in each 30day cycle, Deposit of MD$1+ is required to keep the account open and active)

Teen's Account
Ages: 13-17
Opening Deposit MD$25
(Passbook(when in stock), Receipt)

Young Adults Account
Ages: 18-20
Opening Deposit MD$50
(Passbook(when in stock), Receipt, quarterly balance statement)

Adults Account
Ages: 21+
Opening Deposit MD$100
(Passbook[when in stock], Receipt, quarterly balance statement)

 

SILVER ACCOUNTS

 

Business

Standard

Opening Deposit MD$200+
18+ for an active business account
(Folder + Passbook(when in stock), Receipt, quarterly balance statement)
[Some areas 17.5 with a parents permission and an active personal teen account with an adult account account on file in good standing.]

Commercial

Opening Deposit MD$500
18+ for an active business account
(Folder + Passbook(when in stock), Receipt, quarterly balance statement)
[Some areas 17.5 with a parents permission and an active personal teen account with an adult account account on file in good standing.]

Corporate

Opening Deposit MD$500
18+ for an active business account
(Folder + Passbook(when in stock), Receipt, quarterly balance statement)
[Some areas 17.5 with a parents permission and an active personal teen account with an adult account account on file in good standing.]

Religious

Opening Deposit MD$250+
18+ for an active business account
(Folder + Passbook(when in stock), Receipt, quarterly balance statement)
[Some areas 17.5 with a parents permission and an active personal teen account with an adult account account on file in good standing.]

Storage Services

Ask personal private banquer for details.

 

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