It is one of the savings account in the form of Deposit on demand, through which cash deposits and withdrawal can be made, while enjoying a return that shall be calculated based on the average daily balance. Also, you may take advantage of the special, instant gifts and coupons and prizes provided by the bank during the monthly draws, noting that such deposits shall be invested on the basis of unrestricted Mudarabah as per the provisions of Islamic Shari’a.

  • Approved by the bank’s Shari’a Supervisory Board.
  • Subject to the requirements and provisions of the bank and campaign.
  • Cash prizes are subjected to income tax.
  • Campaign is valid till 31/12/2019.
  • Drawing for a cash jackpot of (NIS 250,000) every two months, till the end of 2019.
  • Two special and instant gifts in kind for each cash deposit at the value of (US $300) or more, for once.
  • Special discount coupons for large Palestinian institutions’ goods and services for each cash deposit at the value of (US $300) or more, for once.
  • Return calculated based on the average daily balance.
  • Benefiting from all banking services provided by the bank, pursuant to the special conditions for each service.
  • Opening a savings account at the value of (US $300) or more, or its equivalent in other currencies, or deposit the current account with an amount of (US $300) or more.
  • Each additional deposit at the value of (US $200) or its equivalent in other currencies shall give the customer an additional chance for winning the campaign’s jackpots.
  • All services and products provided to the customer via coupons shall be subjected to the conditions and policies of the provider.
  • The customer shall make use of the coupons during the period of validity written thereon, however, the customer cannot make use of coupons after their expiry date.
  • A list of the accounts eligible for draws as per the campaign’s conditions shall be prepared one working day prior to the date of drawing.
  • Each customer shall be entitled to enter into the campaign through one savings account only.
  • The prize-giving shall be held in the place determined by the bank, and the bank shall be entitled to publish the winner’s name, take pictures of the winner and to post them on the means of publication adopted by the bank.
  • Palestine Islamic Bank’s staff, members of Board of Directors and their first-degree relatives shall not be entitled to participate in the campaign’s draws.
  • The account holder shall be 18 years old or above.
  • Minor accounts shall be opened via their legal representative until they reach legal age.

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