We at Alizz Islamic Bank are proud to help you grow your money with our Savings Account. Managed under the Islamic principle of 'Unrestricted Mudaraba' where you earn profit on your savings, your money is invested in Shari'a compliant Islamic assets to create the best possible returns. So start planning for your future, start saving with us.

• Fast and easy documentation
• Debit Card with same day issuance and collection (for OMR accounts only)
• FREE online banking, SMS alerts & mobile banking.
• Profit payment on a monthly basis
• Available for minors
• Available in OMR, GBP, USD & AED

Our Savings Account (Mudaraba) is based on the Shari'a principle of 'Unrestricted Mudaraba'. Under 'Mudaraba' principle the customer will act as a capital provider and the bank will act as a 'Mudarib' or 'entrepreneur' using its expertise. The bank pools all customer funds along with its own capital and invests it in Shari'a compliant modes of investments. The resulting profit is shared between the bank and customers according to pre-determined ratios. 'Mudaraba' is a profit and loss sharing product and the better the bank performs, the higher the profits earned.

• Signed application form
• Resident Card for both Omani National and Expatriate
• Passport with valid visa page for Expatriate
  
  Terms and Conditions Apply