Mudharabah Unrestricted Investment Account: –

is a fund that will be placed in the Bank general pool of Shariah compliant banking activities. In return, the account holder will be entitled to an agreed percentage share of investment income or proportionally bears the loss of capital.

Features

• Unrestricted Investment Deposit Account is an account where the investor fully authorizes the bank to invest the funds without restrictions as to where, how and what purpose the fund should be invested as long as the usage of the funds is Shari’ah compliant.
• The minimum deposit amount acceptable in the Unrestricted investment account shall be Br 100,000.
• The profit/loss sharing rate on unrestricted investment deposit shall be determined by the Bank’s terms and tariff structure.
• The Bank provides the Unrestricted Investment Deposit Certificate to the Rab ul- maal/capital provider.

Benefits

• The Depositor’s will share a profit from an investment conducted by the CoopBank Islamic.
• This investment is conducted in accordance with Shariah principles.
• Please contact Coopbank Islamic to get more detail information and advice.