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

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.

Requirements

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

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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