Investment Deposit
The Palestinian Islamic Bank has developed its products to suit its customers, including the Investment Deposit Account, to enable them to invest their money and obtain a continuous profit return in accordance with the provisions of the Islamic Sharia.
- Investment Deposits Accounts participate in financing and investing operations undertaken by the Bank as per the Islamic Sharia-compliant laws and regulations.
- The minimum investment amount is 100,000 USD. If the balance goes below the minimum amount, the balance will be transferred to a Current Account.
- Profits earned from investments are distributed according to the investment period. The amount of profit distributed to deposit holders is recorded in the current or savings accounts. The amount of profit can also be added to the Deposit Account.
- Competitive yield ratios are calculated on the day after the deposit is made.
- Customers can benefit from the Program via all locally-traded currencies.
- Customers can deposit any amount exceeding USD 100,000 or its equivalent in other currencies.
- Customers can choose their investment period either quarterly, biannually, and annually; yields increase with the length of the investment period.
Rate
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