If you want to save money and get a great return on your investment, ethically and in conjunction with your beliefs, then the Masraf Al Rayan savings account is for you.
We help your finances flourish by making your money work for you within the laws of Shari’ah; giving you the freedom you need, while enjoying instant access without penalty.
Benefits:
Competitive profit sharing rate – profit sharing on this account is calculated regularly.
Free funds transfer - from your savings account to your current account without charge or penalty.
No set up or change fees.
Checklist to open a Savings Account at Masraf Al Rayan
1. Must be 18 years of age or above.
2. A minimum opening investment of QAR1,000.
3. Qatari nationals need to present a valid passport or national identification card.
4. Non-Qatari residents are required to present a copy of their residence permit, together with a salary certificate from their employer.