|Objective||Al-Haj savings deposit helps ensure availability of travelling fund for Haj participation with a minimum opening account of 500 Baht and semiannual profit payable at end of June and December.|
|Deposit type||Mudarabah savings,based on Mudarabah principle.Semiannual profit payable is at end of June and December.|
|Deposit and withdrawal conditions||- Minimum opening deposit of 500 Baht, no limit on deposit times and deposit amount after the initial deposit.
- A passbook will be issued to an account holder.
- A guardian can open the account for minor (age <15).The name of the account will be specified as“ (Guardian’s name) for (Minor’s name)”.
- No more than one withdrawal per month,no limit on the amount withdrawn.Minimum account balance must be no less than 500 Baht,
or the account will be closed.
- No ATM issued.All transactions shall be conducted at the Bank’s offices/branches.
|Profit|| Profit shall be calculated from a profit-sharing rate of 25:75 previously agreed upon by the Bank and the account holder.
Profit payable will be at end of June and December or as per Bank’s policy.