HomeDeposits
High Yield
Flexi Long Term Deposit Account
Structured under Islamic Wakala Investment concept. The bank acts as an agent to invest your deposit and return expected profits according to the tenor, with the flexibility of withdrawals during the Wakala tenor.
Smart investments for long-term growth
Deposit Tenor of 6, 12, 18, 24 and 36 Months
Expected Profit Payment: Semi Annually, Annually or at Maturity
Up to 50% Finance Credit Limit
Flexibility of Withdrawal at Each Profit Payment Date
Standing Order Instructions
Fully Shari'ah-Compliant
Requirements & Eligibility
Everything you need to know to get started with your account.
Eligibility Criteria
- Applicant should be 18 years of age minimum
- Minimum first deposit of $1,000
- Monthly flexible payment
Required Documents
- Passport / National ID / Residence Permit
- Driving License
Frequently Asked Questions
Find answers to common questions about this product.
The Flexi Long Term Deposit is structured under the Islamic Wakala Investment concept, by which the bank acts as an agent on behalf of the customer (Muwakkil) to invest the deposit amount and returns expected profits according to the tenor of the investment, with an additional flexibility of withdrawals during the Wakala tenor.
PEOPLE'S BANK
Create your own Account
IN MINUTES
Start your journey to financial freedom with Bulsho Bank.
Download and start today.
