KFH Germany
KFH Kuwait
KFH Turkey
KFH Malaysia
Contact Us
Branch & ATM Locator
Unrestricted “Mudaraba” Investment Account, is an investment saving account which is compliant with the Islamic Shari’a principles. This account can be opened by individuals, companies or institutions. This Account is based on the principle of “Mudaraba” where you, as “Rab Al Mal”, entrust your funds with KFH, as “Mudarib”, who will invest on your behalf. We mainly invest URIA funds in our general financing portfolio, which makes you our partner.
- A minimum deposit of BHD 300 or equivalent in foreign currency.
- Shari'a compliant returns on your investments.
- Available for terms of:
- 1 month.
- 3 months.
- 6 months.
- 1 year.
- Accounts are available in BHD, USD and Euro.
- Anticipated profit rate based on investment period distributed monthly.
- No account opening fees.
- The account can be opened for individuals and legal entities.
- Minimum age to open the account is 21 years.
- Minimum opening balance for Bahraini Dinar account will be BHD 20.
- Minimum opening balance for other currencies will be equivalent to BHD 20.
- The deposit will be automatically renewed unless the customer requests otherwise prior to maturity date.
Requirements for Personal Accounts:
- For Bahrainis, 1 original ID from the following combined with proof of permanent address:
- CPR or Smart Card
- Driver’s License
- Passport
- For Non Bahrainis, the following 2 original IDs:
- CPR or Smart Card
- Passport with a valid residence permit
- Account statement or a salary certificate are required for Current Accounts.
Requirements Corporate Accounts:
- Original CR.
- 2 original IDs form the following:
- CPR or Smart Card
- Driver’s License
- Passport
- 6 months financial statement.
- Article of associations (if applicable).
- Board of Resolution (if applicable).
- Registration Form.
