This is a non-profitable account and can be opened by individuals, companies or institutions. It can be used to make payments towards a variety of Shari’a compliant finance services that KFH-Bahrain has to offer. This type of account can be opened in Bahraini Dinar only.
- This account can be opened as a personal or corporate account.
- This account is treated as a good will loan (Qard Hasan), therefore it is not subject to profit or loss.
- Free ATM debit card.
- Daily cash withdrawal up to BHD 500 from any ATM machine.
- Low minimum balance requirement.
- Semi-annual account statements.
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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 is BHD 20.
- 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
- For Bahrainis, 1 original ID from the following combined with proof of permanent address:
- 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.