Dhofar Islamic's Ameen Investment Account Maximises Returns with Ethical Finance

Based on the concept of Wakalah, the Ameen Investment Account from Dhofar Islamic, the Islamic Banking window of BankDhofar, empowers individuals to grow their wealth through ethical investments, ensuring both financial prosperity and peace of mind. It is designed to help individuals grow their funds while ensuring their investments align with Sharia principles.

The Account stands out for its ability to offer higher profit rates based on the amount deposited, making it an attractive option for those looking to maximise their savings. One of the key benefits of the account is that it has no minimum balance requirement, allowing individuals from all walks of life to participate and benefit from the account's competitive returns. Profit rates are adjusted based on the account balance, rewarding customers with higher yields as their savings grow.

It is pertinent to note that Dhofar Islamic prioritises accessibility and convenience, offering 24/7 banking services through its mobile app and internet banking platforms. This allows customers to manage their investments and access their funds anytime, anywhere. Besides, the account's flexibility allows for closure at any time, providing customers with complete control over their funds.

According to Amor Said Al Amri ,DGM & Head of Dhofar Islamic Retail Banking , the Ameen Investment Account reflects the bank’s commitment to providing its customers with innovative and ethical financial solutions. “By offering a profit-based structure with no minimum balance, we aim to make profitable, Sharia-compliant investment options accessible to a broader range of individuals. Our commitment is to provide secure and rewarding solutions that align with Islamic values while also meeting the diverse needs of our customers,” he explained.

Tailored for Omani nationals and expatriate residents aged 18 and above, this account functions on the Wakalah principle, where Dhofar Islamic acts as the agent, investing funds in Sharia-compliant ventures. This ensures that investments are conducted ethically and in accordance with Islamic guidelines. While the account offers substantial profit potential, it's important to note that certain services may incur fees, as outlined in the bank's tariff sheet.

Individuals interested in opening an Ameen Investment Account can apply through any  25 of Dhofar Islamic branches.