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- Al Baraem” Investment Saving Account, is an investment saving account which is compliant with the Islamic Shari’a principles. The account can be opened, by the parents, in the child's name at the date of birth and up to 14 years.
- It’s a saving account based on "Mudaraba" principle with many privileges to strengthen the conduct of savings, encourage money management and provide a foundation for a better future of our youth.
- Free debit card.
- Low minimum balance requirement.
- Competitive profit rates
- Annual profit distribution.
- Local or international remittance facility.
- Standing order facility.
- Easy and quick access to funds.
- Free semi-annual account statements.
- SMS notifications on account transactions.
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No account opening fees.
- The account can be opened for infants and up to 14 years.
- Minimum opening balance for Bahraini Dinar account will be BHD 20.
- 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.
