Masraf Al Rayan offers fully Shari'ah compliant short term as well as long term investment accounts.
They are the ideal way to save for immediate needs such as a vacation, a wedding or a major purchase. When you credit funds into one of our time deposit accounts you can rest assured they will be put to work for your benefit.
A time deposit account can be opened with a minimum deposit of QAR20,000, for elected periods of:
3 months
6 months
12 months
24 months
Checklist to open a Time Deposit Account at Masraf Al Rayan
1. Must be 18 years of age or above.
2. A minimum opening investment of QAR20,000.
3. Qatari nationals must 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.