Time Deposit Accounts
Enjoy peace of mind and let your money work on your behalf with the account that gives you high returns are calculated on the basis of the profit rate announced by the Bank once a year according to a contract legally adopted speculation. At Al Salam Bank, we are very determined on presenting the most advanced services in Islamic banking investment to keep at pace with the fast developments and to face the future challenges of the local, national and global markets, and to help society to handle real investment experiment.

Profit for Time Deposits Accounts(*)

Time Deposit Type 2012 2013 2014 2015 2016
1 Year & up SDG 11.50% 11.25% 11.00% 11.25% 12.00%
1 Year & up USD 8.00% 6.00% 4.50% 3.00% 3.00%

Time Deposits / Investment Accounts "Investment & Growth"

  • Multiple Periods

    You can invest in SDG and foreign currencies for a period of 3 months or less, 6 months, 9 months, 12 months or more.

  • Profit Distribution and Renewal

    You will receive your profits once a year. The investment is automatically renewed automatically and the same conditions for the same period of connectivity, unless the customer instructions prior to maturity otherwise, so you can relax and enjoy rewarding returns

  • Increased Profits

    The more amounts you invest and/or the longer that you keep your investment, the more profits you can gain.
(*)The Rate Divided by the months of the year and multiplied by the number of Deposit months