Term Investment
Ensure maximum growth with Shariah approved Amanah Term Investments.
| Minimum investment | Profit rate | Multi-currency investments | Flexible investment tenors | Maximise your returns |
|---|---|---|---|---|
| AED10,000 or 5,000 in foreign currency | Up to 2.00% pa* | AED USD GBP EUR |
1, 2, 3, 4, 6, 9 and 12 months | Reinvest your principal and profit on maturity |
Here's what you get:
- Minimum investment amount of AED10,000 or foreign currency of 5,000
- Currencies available: AED, USD, GBP and EUR
- Standard tenors: 1, 2, 3, 4, 6, 9 and 12 months
- Competitive Murabaha profit rates
- Option to automatically reinvest the investment amount and Murabaha profit for an additional term on rates prevailing at that time
- Profit rates are variable but once booked the profit rate is fixed for the tenor and profit is paid upon maturity
- You will buy commodities (metals) from brokers operating in international markets through an appointed agent
- Once the appointed agent has purchased your commodities, you will then sell these commodities to the Bank at a fixed price (Sale price) payable after a predetermined investment tenor. The Sale price will include purchase price plus profit at a pre-agreed rate
- At the end of the investment tenor, the Bank will pay the sale price into your account. You can choose the option to reinvest for an additional term
HSBC Amanah Account Services - Fees and Charges
| HSBC Amanah Term Investments | |
|---|---|
| Minimum balance | AED 10,000 or 5,000 in foreign currency |
| Charges for early encashment | Fixed fee will be imposed as per the tariff sheet |
| HSBC Amanah Account Transaction Charges | Per Transaction |
| Up to 20 cheques & 10 cash transactions per month | Free |
| More than 20 cheques & 10 cash transactions per month | AED 10 |
| Bulk deposit / Withdrawal of coins | AED 10 |
| Deposit / Withdrawals of foreign currency notes | 1% (Minimum AED 25) |
| Issuance of Certificates | Per Transaction |
| Trade & Credit Information / Balance Letter(a) | AED 100 |
| Audit Confirmation | AED 275 |
| Capital Letter(b) | AED 250 |
| Duplicate Certificates/ Statements | Per Month / Document |
| Upto 3 months old | AED 50 |
| More than 3 months old | AED 100 |
| Other Services | |
| Account closure (within 3 months from opening) | AED 300 |
| Valid Trade License not provided for more than 30 days after expiry of existing documents (monthly) | AED 250 |
| Statement reporting through SWIFT (monthly) | AED 200 |
| Mail Box(c) (annual) | AED 600 |
| Express Banking Service (d) (monthly) | AED 500 |
Note: |
|
Our short- to medium-term investment solutions allow customers to earn returns in a Shariah-compliant manner.