Investment account deposits -MOUDARABA
What is it ?
The investment account deposit -MOUDARABA is an investment product, it allows the customer to invest his funds in Islamic finance operations, in accordance with the Shariah precepts, including the principle of sharing profits and losses, and this according to the results achieved by the activity of the Islamic counters and the distribution key agreed in advance.
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Period:
Advantages:
FAQ
Mudaraba investment deposit is a service to invest your money in Islamic Banking operations office according to the Shariah rules of mudaraba including the principle of profit and loss sharing.
The amount, the duration of the deposit and the share of each party (depositor-bank) are agreed in advance but the profits are distributed at the end of the financial year according to the results obtained.
The amount, the duration of the deposit and the share of each party (depositor-bank) are agreed in advance but the profits are distributed at the end of the financial year according to the results obtained.
It can benefit from this product any natural or legal person whatever their nature
1. Go to the agency, with supporting documents, to open a deposit account, and deposit your money,
2. Information and Signature of a Moudaraba subscription request, specifying the amount and duration of your investment (between 12 and 60 months),
3. The BDL Islamic counter will invest your money only in Islamic finance transactions,
4. Remuneration is determined according to the results obtained,
5. At the end of the subscription period, you recover your money and the earnings, and you renew your subscription if you wish.
2. Information and Signature of a Moudaraba subscription request, specifying the amount and duration of your investment (between 12 and 60 months),
3. The BDL Islamic counter will invest your money only in Islamic finance transactions,
4. Remuneration is determined according to the results obtained,
5. At the end of the subscription period, you recover your money and the earnings, and you renew your subscription if you wish.
Period of the deposit Target profit rate
12 months 1.75%
24 months 2.25%
24 à 36 months 2.5%
36 à 42 months 2.75%
42 à 48 months 3.00%
48 à 54 months 3.25%
54 à 60 months 3.50%
Investment account deposit management fees 0.00 DZD
1. The target rate cannot be guaranteed under any circumstances and this is only indicative.
12 months 1.75%
24 months 2.25%
24 à 36 months 2.5%
36 à 42 months 2.75%
42 à 48 months 3.00%
48 à 54 months 3.25%
54 à 60 months 3.50%
Investment account deposit management fees 0.00 DZD
1. The target rate cannot be guaranteed under any circumstances and this is only indicative.
1. Earnings: Advantageous and competitive distribution;
2. Compliance: Your funds are invested according to the mechanisms of Islamic Finance and in projects compliant with the precepts of Shariah.
2. Compliance: Your funds are invested according to the mechanisms of Islamic Finance and in projects compliant with the precepts of Shariah.