- The call account for companies (Wakalah) is available only to legal entities. The funds are fully invested 100% in accordance with the provisions and principles of Islamic law and the principle of investing in the (Wakalah), so that the customer is promised the expected investment returns and profits are deposited in the same account on a quarterly basis.
- The profit will be calculated on the daily balance of the account.
- A competitive pre-promised rate.
- Invest your corporate’s funds in “Sharia’a” compliant investment, profits credited quarterly.
- Account can be opened in KD or other major foreign currencies like US Dollar, Sterling Pound and Euro.
- Ability to issue Courier Card for cash & cheque deposits.
- Get benefits from “KFH eCorp” an online banking services.
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The (Wakalah) account can be opened for legal entities.
- The minimum opening balance is 1,000 KD or its equivalent in foreign currency.
- Profits are calculated based on the daily balance in the account, provided that the minimum balance is not less than KD 100,000 or USD 350,000 or EUR 300,000 or GBP 250,000.
- Ability to open the account for companies, and Islamic charity organizations, public associations, co-ops and sport clubs and student unions in Kuwait and abroad.
- Manage your account easily round the clock via our e-services:
- KFH eCorp Service.
- Telebanking Service “Allo Baitak” 1803333.
- ATM machines.
- To view the terms and conditions Click here.
- There is no fees.