The Islamic Sahulat Account offers you the following key salient features:
The monthly average balance condition of 25,000 is applied on free services.
BankIslami’s Islami Sahulat Account is a profit bearing account developed on the basis of the modes of Mudarabah. This is how it works:
To Understand the Difference between Islami sahulat account and conventional saving account kindly click
The documents required vary with the customer category as follows:
Q. What makes Islami Sahult Account Shariah Compliant?
The pre-agreed profit sharing weightage is announced at the start of each month and can be obtained from the branch, Website or Phone Banker. Based on this profit sharing weightage, the Islami Sahulat Account holder would be distributed the share in profit for the month at the beginning of the next month.
Q. What is the relationship between an Islami Sahulat Account holder and BankIslami?
Q. What is the profit offered on Islami Sahulat Account?
Q. How many transactions are allowed on an Islami Sahulat account?
Q. Islamic Sahulat Account seems to be very similar to a Conventional Bank's Savings Account. What is the difference?
Q. How is the Customer's profit calculated?
Q. Can there be a loss in Islami Sahulat Accounts?
Q. Who determines if Islamic Sahulat Account is Shariah Compliant?
Q. What is withholding tax on profit?