It’s as liquid as cash in your pocket. The Ithmaar Bank Savings Account adheres to Sharia principles and is designed to give you flexible access to your funds at all times while you continue to earn profit. Profit is paid to customer’s accounts on a periodical basis following the concept of the ‘Modaraba’ contract with profits distributed on a monthly basis.

Features

• Can be opened in Bahraini Dinars and US Dollars;
• Profit is paid on a monthly basis;
• Savings accounts can be opened in the name of Individuals, Joint Personal, Sole Proprietorship, Body Corporate or any other legal entity;
• Free Debit Card at the time of account opening;
• Free access to eBanking channels and Phone Banking.

General Criteria

• Applicant must be 18 years old or above
• Minimum Initial deposit of BD 20 or USD 50
• A minimum balance charge of BD 1 if the average monthly balance is less than BD 20 or equivalent. This may be updated as per the Bank’s Schedule of Fees and Service Charges.