Mustaqbali Account
An investment savings account (Al-Tawfeer) offered exclusively for the child category from birth up to the age of 18 years, helping them develop the concept of saving as a rational banking behavior that contributes to building their future, where the guardian authorizes the bank to invest the funds on the basis of an absolute Sharia Mudaraba contract.
Key Features of the Account
High profit returns.
Obtaining an ATM card.
The minimum amount to open the account is 1,000 Syrian Pounds.
Profits are distributed and announced on a semi-annual basis.
The minimum amount participating in the investment is (10,000 Syrian Pounds).
The lowest monthly balance in the account is invested according to the brackets below:
The balance participation percentages in the investment are 30%.
The balance participation percentages in the investment are 30%.
Required Documents to Open the Children's Account
Identity proof document of the child.
Required Documents from the Guardian / Trustee
(Family booklet in the case of the guardian, or the trustee appointment decision from the Sharia judge) along with the identity proof document.