Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, has announced the launch of the ‘Salary Account’. 

 

Compatible with the principles and provisions of Islamic Shari’a, the “Salary Account” offers exclusive benefits when transferring the monthly salary to this account.

 

Most prominent of these benefits are an Expected Profit Rate of up to 4% of the salary’s value, no minimum balance, entry into monthly draws for 5 Cash Prizes worth BD1,000 each ($2,653), in addition to the opportunity to obtain one of KHCB’s Credit Cards, Platinum or Infinite, which offer many perks that include cashback, free air miles, exclusive discounts, and more.

 

Valuable returns

Ameera Ahmed Al Abbasi, Head of Retail Banking at KHCB, commented: “Through our launch of this product, we seek to provide valuable returns to our clients, helping them achieve their financial goals by presenting them with monthly profits based on their average account balance. This reflects KHCB’s keenness to offer a unique and rewarding banking experience.”

 

Al Abbasi continued: “KHCB’s launch of this account embodies the bank’s eagerness to provide clients with innovative and rewarding banking solutions that comply with the principles of Islamic Shari’a.”

-- TradeArabia News Service