Kuwait Finance House
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Mudharabah Current Account-i

 

Profit sharing earning whilst enjoying checking facility.

KFH Mudharabah Current Account-i makes managing your personal and business banking needs more convenient. This current account is offered based on the principle of Mudharabah (profit sharing) and Qardh (non interest bearing loan). Under this Shariah principle, this product differs from the normal current account that enables customer to earn profit from the Mudharabah portion to be distributed at the predetermined profit sharing ratio.

Product Features

  • Cheque Facilities
    The account is operated via cheque book. This enables you to make all your payments for expenses, wisely.
  • Free Monthly Account Statement
    Your account statement will be sent to you on a monthly basis without any charges.
  • Greater Access to You Banking Needs
    Provides you with greater access to your banking needs and services.
  • Standing Instruction for Payment of Bills and Other Periodical Payments
    You can activate the Standing Instruction to effect your bill payment and other periodical payments.

Eligibility

  • Personal Account holders must be 18 years of age and above
  • Non personal such as companies, professionals, government agencies, associations / clubs / societies.
  • Minimum deposits:
    • RM2,000 for individual/joint individual
    • RM10,000 for companies/non-individual
  • An Introducer is required

Type of Account

  • Personal Account
  • Joint Account
  • Partnership Account
  • Private Company Account
  • Public Listed Company Account
  • Government Account
  • Organisation Account

Terms & Conditions