Profits Announcement

Overview

Overview

One of the most popular types of account at KFH is the Unrestricted Investment Account. This account, also known as a "URIA", is based on the Shari’a principle of “Mudaraba”. Under this account. You, as “Rab Al Mal”, entrust your funds with KFH, as a “Mudarib”, who will invest on your behalf. We invest “URIA” funds with the Bank's own money - making the bank and its customers Partners. We mainly invest “URIA” funds in our general financing portfolio - a safe investment and this allows us to share the profits we receive from this investment. This explains how we are able to offer attractive rates to our unrestricted investment account holders. The return to the investment account holder fluctuates depending on the performance of the underlying general financing portfolio. 

Profit Allocation Schedule for Unrestricted Mudharaba Investment Accounts

Profit Allocation Schedule for Unrestricted Mudharaba Investment Accounts

The Bank will share any profit that may be generated from the general financing portfolio. This profit will be distributed according to the investment period. The schedule below illustrates types of Unrestricted Investment Accounts and the Bank’s profit share as “Mudarib”.

 

Bank’s Mudharib Profit Share
Account Type EUR GBP USD BHD
Saving 95% 95% 95% 95%
VIP Saving 95% 95% 90% 85%
Libshara     95% 95%
1 Month Mudharaba Investment Account 85% 85% 70% 60%
3 Months Mudharaba Investment Account 70% 70% 60% 50%
6 Months Mudharaba Investment Account 60% 60% 50% 40%
Year Mudharaba Investment Account 50% 50% 40% 30%
Wakala Investment Accounts

Wakala Investment Accounts

Account Type BHD Minimum Deposit Anticipated Profit Rates p.a. Anticipated Profit Rates p.a.
    Less than BHD 50,000 BHD 50,000 & Above
Monthly 1,000 1.90% 2.00%
3 Months 1,000 2.10% 2.20%
6 Months 1,000 2.40% 2.50%
9 Months 1,000 2.60% 2.70%
Yearly 1,000 2.90% 3.10%
2 Years 1,000 3.60% 3.80%
3 Years 1,000 3.80% 4.00%
5 Years 1,000 4.30% 4.50%

 

Account Type USD Minimum Deposit Anticipated Profit Rates p.a.
Monthly 10,000 0.95%
3 Months 10,000 1.25%
6 Months 10,000 1.55%
9 Months 10,000 1.70%
Yearly 10,000 1.85%

 

For products that are other than USD & BD, profit rates are paid on a case by case basis.

 

Wakala Flexi Investment Accounts

Wakala Flexi Investment Accounts

Account Type BHD Minimum Deposit Anticipated Profit Rates p.a. Anticipated Profit Rates p.a.
    Less than BHD 50,000 BHD 50,000 & Above
Yearly 1,000 2.90% 3.10%
2 Years 1,000 3.60% 3.80%
3 Years 1,000 3.80% 4.00%

 

Investment Saving Accounts

Investment Saving Accounts

Account Type BHD Previous Distributed Profit Rates p.a. Expected Distributed Profit Rates p.a.
Investment Savings Accounts 0.15% 0.16%
Libshara Savings Accounts 0.15% 0.16%
Investment Savings Accounts (Priority) 0.45% 0.49%
Account Type BHD Previous Distributed Profit Rates p.a. Expected Distributed Profit Rates p.a.
Investment Savings Accounts 0.15% 0.16%
Investment Savings Accounts (Priority) 0.30% 0.33%

 

For products that are other than USD & BD, profit rates are paid on a case by case basis. 

Mudaraba Investment Accounts

Mudaraba Investment Accounts

Account Type BHD Previous Distributed Profit Rates p.a. Expected Distributed Profit Rates p.a.
Yearly Investment Accounts 2.10% 2.30%
Six Months Investment Accounts 1.80% 1.95%
Three Months Investment Accounts 1.50% 1.65%
Monthly Investment Accounts 1.20% 1.30%
     
Account Type USD Previous Distributed Profit Rates p.a. Expected Distributed Profit Rates p.a.
Yearly Investment Accounts 1.65% 2.00%
Six Months Investment Accounts 1.40% 1.65%
Three Months Investment Accounts 1.20% 1.35%
Monthly Investment Accounts 0.95% 1.00%

 

Minimum deposit amount BD 300/-

For products that are other than USD & BD, profit rates are paid on a case by case basis.

 

VIP Commodity Murabaha

VIP Commodity Murabaha

VIP Murabaha Previous Distributed Profit Rates Distributed Profit Rates
  Less than 500K BHD More than 500K BHD Less than 500K BHD More than 500K BHD
1 Week 0.20% 0.30% 0.60% 0.70%
1 Month 0.90% 1.00% 1.55% 1.75%
3 Months 1.20% 1.30% 1.85% 1.95%
6 Months 1.50% 1.60% 2.05% 2.25%
9 Months 1.60% 1.70% 2.25% 2.45%
12 Months 1.80% 1.90% 2.55% 2.85%
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