The Islamic banking concept of Mudarabah involves a contract between you and the bank, where you provide funds for the bank’s business activity, and in turn receive a share of profits. In a High Yield Account, the higher your average monthly balance, the higher your returns.
The High Yield Account is based on the Islamic concept of Mudarabah. It entitles you to higher profit rates on your savings in proportion to your monthly average balance, while permitting withdrawals when you need it.
