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Mudaraba Investment

Maximise Your Investments! Whatever your financial goals, Bank Nizwa’s can help you reach them. Based on a Mudaraba Investment between the bank and the customer, to grow your investment at the most competitive profit rates.

Key Features

  • Sharia compliant product based on the Sharia concept of Mudaraba with anticipated profit rate.
  • No penalty charges on early liquidation.
  • Actual Profit is calculated on the nearest completed deposit period.
  • Ideal investment product.
  • Auto-renewal option in the application form.
  • Available in OMR & USD.
  • Multi-tenure options of 1, 3, 6, 9 & 12 & 24 months.
  • Premature total withdrawal possible in case of emergencies.
  • Profit payout frequency options are: monthly or quarterly.
  • Systematic savings that lets you achieve your goals.
  • Currency wise balance tier profit rates.
  • No hidden charges.
  • Higher profit rates for better returns.
  • Transparent & fast processing.

Eligibility Criteria

  • Any Omani citizen or resident (single or joint) above the age of 18 years.
  • Minimum deposit of OMR 1,000 or USD 2,600.
  • The Mudaraba Term deposit cannot be opened without having a corresponding funding Current or Savings (CASA) account.
  • Up to 4 Individuals per Deposit allowed for Joint Deposits.
  • Active Saving or Current account.

Requirements

  • Completed application form
  • National ID (Omanis)
  • Resident ID and Passport with valid Visa (Expatriates)
  • Passport or Country ID (GCC Nationals)

Fees & Charges

  • In case the customer would like to prematurely exit from the Mudaraba investment, the profit will be calculated based on the nearest completed comparable Mudaraba Deposit product.

FAQs

  • What is Mudaraba Investment account from Bank Nizwa?
    Mudaraba Investment account from bank Nizwa is a fixed deposit investment account that can help you Maximize Your Investments with attractive profit rates. Whatever your financial goals are, Bank Nizwa’s can help you reach them!

Terms and Conditions

Key Fact Statement (KFS)




All Bank Nizwa products and services are approved by the Shari’a Supervisory Board.


For more information call 24950500 or visit any of our conveniently located branches.

 

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