BOK International offers flexible term deposits including one month, 3 months, 6 months, and one year. Profits are calculated and distributed by the end of the period.
Short Term Deposit (Weekly)
Short Term Deposit is a deposit account according to which the customer authorizes BOK International to invest its funds on the basis of Unrestricted Mudaraba contract according to the principles of Islamic Sharia on weekly basis. The Bank invests the funds received from the customer along with its equity share and other deposits in a common Mudaraba pool under Islamic modes of finance