International “Murabaha” Investment Account is based on the principle of “Murabaha” wherein KFH-Bahrain, the Bank, manages an investment fund of international Murabaha activities, which includes buying goods and selling them by way of Murabaha on the international markets. Clients authorize the Bank to manage the funds for the purpose of investing them in private investment activities using international “Murabahas”.
- A minimum deposit of BHD1,000 or $10,000.
- Shari'a compliant returns on your investments.
- Available for terms of:
- 1 month.
- 3 months.
- 6 months.
- 9 months.
- 1 year.
- 2 years.
- 3 years.
- 5 years.
- Accounts are available in BHD and USD.
- Anticipated profit rate based on investment period distributed monthly.
- 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 for Bahraini Dinar account will be BHD 1,000.
- Minimum opening balance for USD will be equivalent to $ 10,000.
a. Requirements for Personal Accounts:
i. For Bahrainis, 1 original ID from the following combined with proof of permanent address:
- CPR or Smart Card
- Driver’s License
- Passport
ii. For Non Bahrainis, the following 2 original IDs:
- Account statement or a salary certificate are required for Current Accounts.
- Passport with a valid residence permit
- CPR or Smart Card
b. Requirements Corporate Accounts
- Original CR.
- 2 original IDs from 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.
* For GCC Nationals a valid identification Card is mandatory