Investment Deposits

Increasing your income hinges on your investment, and that is why Safwa Islamic Bank is offering the Investment Deposit Account, which grants you the freedom to choose to collect revenues from a variety of term options depending on your investment requirements, and in accordance with Islamic Sharia teachings.

Investment Deposit Features

Option of automatic re-investment

Minimum investment value of 3,000 JD/5000 dollars or equivalent in other currencies

Freedom to choose when to claim revenue

Variety of term options

Background

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Background

Minimal Amount

200 Jordanian dinar or equivalent in foreign currencies

Currency Type

Jordanian dinar, US dollar, euro, pound sterling or other currencies recognized by the Treasury

Dividend Distribution

No revenues are granted for this type of accounts

Minimal Amount

100 Jordanian dinars or equivalent in foreign currencies

Currency Type

Jordanian dinar, US dollar, euro, pound sterling

Dividend Distribution

Revenues disbursed on a quarterly basis

Minimal Amount

3,000 Jordanian dinars, 5,000 US dollars or equivalent in foreign currencies

Currency Type

Jordanian dinar, US dollar

Dividend Distribution

Revenues are disbursed on a quarterly basis or when the deposit reaches maturity

Minimal Amount

1,000 Jordanian dinar and multiples, in accordance with each issuance’s features

Currency Type

Jordanian dinar, US dollar or any other previously identified major currency

Dividend Distribution

Revenues disbursed on a quarterly basis

Required Documents

  • Valid identification document (Civil Services ID, passport, military ID/Appointment certificate, Gazans ID, children of Jordanian women ID)
  • Proof of residency (For non-Jordanians)
  • Proof of place of residence (electric or water bill, or a landline number)
  • A copy of the lease contract
  • Salary slip, employee card or a report of employee visit from the place of employment

*Subject to Bank Terms and Conditions

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