With the KFH Foreign Currency General Investment Account-i, your company can now enjoy convenient, and risk free international transactions. Applying the concept of Mudharabah Mutlaqah (unrestricted profit sharing) and Qardh (interest-free loan), this fixed deposit-type of account rewards you with good returns and capital guarantee for comfort and security.
- Profits based on predetermined profit-sharing ratio derived from investments
- Flexible Tenure
- Prudent & Shariah compliant investments
- Private limited companies
- Non-personal accounts such as corporations (including off-shore companies)
- Embassies, consulates and other diplomatic bodies
- Flexible Tenure
- Prudent & Shariah compliant investment
- Minimum deposit to open this account: US$5,000 or its equivalent in the respective foreign currency placement regardless of placement tenure
- For Companies:
- Company profile
- Board resolution
- Certified true copy of M & A. Form 24 & 49
- IC copy of Directors & Authorised signatories
- Other relevant documents
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