Tadhamon for investment deposits

It is a deposit with specific due times during which the client can withdraw profits
Here, the client authorizes the bank to invest his money on the basis of sharing profits and losses according to the Islamic law rules. The bank has the right to do what is best for their mutual interest.

Tadhamon Islamic International Bank is distinguished with his high profit percentages for this account that exceed the profits offered by other Islamic and traditional banks.

Advantages:

  • Confidentiality
  • Available for citizens, residents, and immigrants.
  • Available in Yemeni Rial and US dollar.
  • It can be used to have financing services with the deposit accounts as a warrant based on the rules and conditions of the bank.
  • the highest profit percentages on your investment deposit 
  • Obtaining Halal profit based on the rules of Islamic law. 
  • the deposit is automatically renewed unless requested otherwise 
  • Your deposit is always under your command; it can be modified or broken at any time based on the rules and conditions of the bank. 
  • Islamic law rules compliant.

Tadhamon investment deposit requirements:
Visit the nearest Tadhamon International Islamic Bank branch to fill and sign the Tadhamon investment deposit request form considering the following:

  • You should have Tadhamon account (current / saving) 
  • The minimum limit of the deposit is 50,000 Yemeni Rial or 500 US Dollar.

 Returns:

  • The highest profit percentages are for Tadhamon investment deposits 
  • Sharing profits and losses as it is based on the Islamic law Mudarabah.

Break and retrieval:
Through a year after your deposit break, you can fully or partially retrieve the deposit value after deducting the returns of the past year if the deposit was broken before the end of the contract.

Break or full retrieval:
After fulfilling the breaking request, the full value of your deposit is put in your account in the bank.

Break or partial retrieval:
At the end of the agreed upon period of the deposit, it automatically gets renewed for a similar period and undergoes the conditions and prices due to the date of the renewal in case you didn't notify the bank to deposit the value in your account.