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

  • A valid identification document (civil status ID, passport, military ID/appointment certificate, Gazan ID, non-Jordanian children of Jordanian mothers ID, service card for the Syrian community).
  • A document proving residency and a work permit (for non-Jordanians).
  • A proof of address (a copy of the lease contract or public utility bills or apartment title deed).
  • A proof of employer (salary certificate or employee card).

*Subject to Bank Terms and Conditions

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