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  • 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:

    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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