Commercial legal entities, including companies and institutions, can open term deposit accounts with the bank. These funds are managed and invested in accordance with the principles and provisions of Islamic Sharia on behalf of the client.
Service Features:
- Open an account in local currency and all other foreign currencies, without any fees or commissions.
- Manage and invest your funds and earn appropriate returns in accordance with the provisions of the tolerant Islamic Sharia.
- Confidentiality and security.
- Automatic renewal.
- Variable investment terms: three months, semi-annually, or annually.
- Possibility of obtaining credit facilities secured by your account.
Terms and Conditions for Opening an Investment Deposit Account for Companies and Institutions:
- Fill out the investment deposit application form and sign it by those authorized to manage the account.
- Submit the required documents.
- Those authorized to manage the account must be at least 18 years old.
The minimum amount for linking an investment deposit is 1,000,000 Yemeni riyals or its equivalent in other foreign currencies.
