Accounts Murabaha Account

Overview

Achieving ambitions requires navigating through cost-plus financing sometimes, where clarity and reassurance are key.

 

Our Murabaha Account is a Shari’a-compliant investment option based on the principle of “Murabaha”, with a pre-agreed profit rate and the bank’s pledge to reimburse Capital Value at maturity.

 

* Terms & Conditions apply

 

Requirements

​​To Open an Account

  1. Complete the Account Opening Form
  2. Complete the Client Consent “Wathiq” Form
  3. Read the Terms & Conditions
  4. Read the Tariff of Charges
  5. Take the required documents to your local branch to activate the account
​Eligibility criteria
  • Valid ​​​​​​​​​​​​Identification:
    • Bahraini clients require two valid IDs, one must include your address
    • Other clients require a valid Smart Card & Resident Visa pass, plus a copy of your passport
  • Valid Income Source:
    • Employees: Latest original salary slip (in case of variable pay last 3 months)
    • Self Employed: 6 month Bank statement

​​​​​Minimum participation of BD 5,000/-

Profit account

Individuals + companies

No restriction on type of customer individual or company, while profit account should be either Savings, Current, Al Waffer or Call Mudharaba Account

 

Minimum Required Balance – BD 5,000

* Terms & Conditions apply

 

 

Deposits and unrestricted investment accounts held with Khaleeji Bank in the Kingdom are covered by the Regulation Protecting Deposits and Unrestricted Investment Accounts issued by the Central Bank of Bahrain in accordance with Resolution No.(34) of 2010.