Al Namaa Islamic Savings Account offers expected profit

MUSCAT: Al Hilal Islamic Banking Services is offering high expected profit on its ‘Al Namaa Islamic Savings Account’, which is a great investment avenue for depositors who wish to earn high returns on their Sharia Complaint investments.

Those who invest in ‘Al Namaa Islamic Savings Account’ can get an expected profit rate of upto 3 per cent per annum which is paid monthly combined with transactional facilities, says a press release.

The unique features and benefits of investing in ‘Al Namaa Islamic Savings Account’ is that customers receive profit on every rial invested. Further, investors also get high profit weightages based on tiers, with profit distributed on a monthly basis. Account holders are given a debit card, cheque book, free ATM withdrawals across Oman, and free Internet and mobile banking facilities.

Objective

A spokesperson for the head of Islamic Banking said, “It is a great time to open a market driven and customer focused Al Namaa Islamic Savings Account. Through our high profit transactional savings account, customers have a lot to gain. At Al Hilal Islamic Banking Services, our objective is to serve the needs of customers better and establish our flourishing reputation as a local bank fully dedicated to conserving the values of the community. We are happy that our product ‘Al Namaa’ has done well so far.”

Al Namaa Islamic Savings Account also offers advantages such as 100 percent capital investment in a Sharia compliant way; immediate access to funds with no minimum investment period; and day-to-day checking account which offers flexibility of unlimited transactions through ATM/ debit card and cheque book.