Term Deposits in Syrian Pounds
Service Definition
Investment term deposits are investment accounts in Syrian Pounds that comply with the provisions of Islamic Sharia, dedicated to individuals and companies. They allow you to operate and grow your local savings (whether they are in cash or coming via remittances) within specified time periods, to achieve rewarding returns that are automatically deposited into your current or savings account upon maturity.
Service Features
Flexible investment periods: Varied options to link the deposit to suit your financial plans, including (a month, 3 months, 6 months, a year, or two years).
Progressive returns in local currency: The participation percentage of your funds in the investment increases to grant you higher profits the longer the duration of the deposit (starting from 55% and reaching up to 90% of the deposit value).
Flexibility of deposit sources: The possibility of opening the deposit in Syrian Pounds whether the funds are in cash or transferred to your account via a bank remittance.
Comfortable automatic renewal: The deposit is automatically renewed for the same duration to ensure the continuous growth of your profits without the need to visit the bank branch, unless you request otherwise in advance.