Islamic Commodity Investment Account is an innovative Shariah complaint alternative to conventional Time Deposits for investors looking for attractive returns in the short to medium term.
Features and Benefits of Islamic Commodity Investment Account include:
- Shariah compliant alternative to Time Deposits
- Competitive returns for short to medium term investments
- Minimum investment amount of SAR25,000
- Investment available in other currencies: USD, GBP
- Flexible investment periods of 1, 2, 3, 6 and 12 months
Example: of 1 Months subscription in (Islamic Commodity Investment Account) Account:
| Deposit Amount | AER | Period | Expected Profit Amount | Expected Maturity Amount |
| SAR 50,000 | 2.25 | 1 M | SAR 94 | SAR 50,094 |
Example: of 9 Months subscription in (Islamic Commodity Investment Account) Account:
| Deposit Amount | AER | Period | Expected Profit Amount | Expected Maturity Amount |
| SAR 100,000 | 1.94 | 9 M | SAR 1455 | SAR 101,455 |
Example: of 12 Months subscription in (Islamic Commodity Investment Account) Account:
| Deposit Amount | AER | Period | Expected Profit Amount | Expected Maturity Amount |
| SAR 25,000 | 2.55 | 12 M | SAR 640 | SAR 25,640 |
*AER : is an Annual Equivalent Rate, is a figure which shows what the profit rate on an account would be if profit was paid for a full year and compounded.
**AER may differ depending on the amount and the period different form the above example.
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