Profits Announcement

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

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

Account Type BHD	Minimum Deposit (BHD)	Anticipated Profit Rates p.a.	Anticipated Profit Rates p.a.
		Less than BHD 50,000	BHD 50,000 & Above
Monthly	1,000	3.40%	3.70%
3 Months	1,000	4.60%	4.90%
6 Months	1,000	5.00%	5.30%
9 Months	1,000	5.00%	5.30%
Yearly	1,000	5.10%	5.40%
2 Years	1,000	4.90%	5.20%
3 Years	1,000	4.80%	5.10%
5 Years	1,000	4.60%	4.90%

For Wakala accounts denominated in other currencies, profit rates are paid on a case by case basis

Wakala Flexi Investment Accounts

Account Type BHD	Minimum Deposit (BHD)	Anticipated Profit Rates p.a.	Anticipated Profit Rates p.a.
		Less than BHD 50,000	BHD 50,000 & Above
Yearly	1,000	5.10%	5.40%
2 Years	1,000	5.10%	5.40%
3 Years	1,000	5.10%	5.40%

Investment Saving Accounts

Account Type BHD	Previous Distributed Profit Rates p.a.	Expected Distributed Profit Rates p.a.
Investment Savings Accounts	0.22%	0.21%
Libshara Savings Accounts	0.22%	0.21%
Investment Savings Accounts (Priority)	0.65%	0.62%
Account Type USD	Previous Distributed Profit Rates p.a.	Expected Distributed Profit Rates p.a.
Investment Savings Accounts	0.22%	0.21%
Investment Savings Accounts (Priority)	0.43%	0.41%

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

Mudaraba Investment Accounts

Account Type BHD	Previous Distributed Profit Rates p.a.	Expected Distributed Profit Rates p.a.
Yearly Investment Accounts	2.65%	2.77%
Six Months Investment Accounts	2.27%	2.37%
Three Months Investment Accounts	1.90%	1.98%
Monthly Investment Accounts	1.52%	1.58%

Account Type USD	Previous Distributed Profit Rates p.a.	Expected Distributed Profit Rates p.a.
Yearly Investment Accounts	2.27%	2.37%
Six Months Investment Accounts	1.90%	1.98%
Three Months Investment Accounts	1.52%	1.58%
Monthly Investment Accounts	1.14%	1.19%

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 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	0.60%	0.70%	0.40%	0.80%
1 Month	0.85%	1.25%	0.65%	1.05%
3 Months	1.55%	1.95%	1.15%	1.65%
6 Months	1.75%	2.15%	1.25%	1.85%
9 Months	1.85%	2.25%	1.55%	2.05%
12 Months	2.15%	2.55%	1.85%	2.35%

Terms and Conditions

General Bank Terms & Conditions (Link to PDF)

Bank Tariffs

Bank Tariffs (Link to PDF)