Expected Profit Rate

 Resident CorporatesNon-Resident Corporates
 ProposedProposedProposedProposed
Tenor / CurrencyQARUSDQARUSD
1 month2.25%2.25%2.25%2.25%
3 months2.50%2.50%2.50%2.50%
6 months2.75%2.75%2.75%2.75%
9 months3.00%3.00%3.00%3.00%
1 year3.50%3.50%3.50%3.25%
18 months3.25%3.25%3.25%3.00%
2 years3.00%3.00%3.00%2.75%
3 years2.75%2.75%2.75%2.50%
5 years

Conditions:

  1. These rates are applicable for fixed deposits amounts only up to QR 5 million with a min. of QR 500,000.– or equivalent in USD.
  2. For any amount above QR 5 million, client should contact the relevant RM.
  3. The Mudarabah conditions will apply and profits are paid at maturity.
  4. These rates are subject to change as per market conditions and will be periodically changed

Retail Clients :

  1. Flexi CD: 3.75% to 4.10%: 1 year to 3 years
  2. Special Absolute Mudarabha deposits: (Rates based on relationship / tenor): 4.25% to 5.50%: 1 to 3 years
  3. Fixed Deposits: 0.90% to 1.45%: 1 month to 3 years
  4. Growing Deposits: 3.75% to 4.40%: 2 years to 10 years