Islamic Bank with High Profit Rate!

heeba
By heeba

Hi all,

I am going to open a savings account in one of the Islamic Bank in Qatar (Pure Islamic not Branch) from QIB, QIIB or Masraf Al Rayan. I know it is not confirmed by the bank that you get this % of profit but I want an idea who have account with these banks that what is the average profit rate?? Thanks !

By AWKHAN• 2 Nov 2009 08:51
Rating: 4/5
AWKHAN

_noms_, Dear what a good answer!!I have a/c in qib,but it is very very hard to operate on internet and bank never cooperated even I met with lot of high rank bank officers. I am thinking to close it.

By anonymous• 2 Nov 2009 01:42
Rating: 5/5
anonymous

so u just want to invest in islamic banks only? if not, there are too many other options available. Mashreq is offering 5% on savings accounts .. try that out ..

Or why dont u try in QNB, they have started something called "QNB Note1" which seems to be good and your Capital is protected.(which means you dont loose your money but you can make money end of the 2 year term )...

you can even play in qatar share market, where you can make handsome money if u know how to play well with shares ..

get back to me if u need more info ..i wil help you with whatever i know :)

By _noms_• 2 Nov 2009 00:16
_noms_

if you are really looking for a profit,,y go for a islamic bank heeba?! just to give that image that u have an account with an Islamic bank ?

your niyah is to get interest with another name profit, it will make least difference where ever u open an account.

By eby1975• 1 Nov 2009 23:58
eby1975

I didnt know that in islamic bank interest were called profit ..that how u make the system work for u !!!

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.