Many customers are looking for rates of return on savings certificates in Islamic banks, in accordance with Islamic law in all the services they provide, and we will learn regarding the full details of these certificates in banks, namely Faisal Islamic Bank, Al Baraka, Abu Dhabi Islamic Bank and Nasser Social.
Interest rates on savings certificates in Islamic banks:
1- Faisal Islamic Bank:
Certificate for 3 years: the average annual return offered is 9.2%, paid quarterly.
The certificate is for 4 years: the average annual return offered is 9% and is paid quarterly.
The certificate is for 5 years: the average annual return offered is 9.6%, and it is paid monthly.
The certificate is for a period of 7 years: it gives a cumulative return that is disbursed at the end of its terms, with an annual average of more than 11.2% annually.
2- Al Baraka Bank Egypt:
3-year investment certificate: an average annual return of 10%, paid quarterly.
Investment certificate for 4 years: the average annual return is 10%, and the return is paid monthly.
3- Abu Dhabi Islamic Bank:
Investment certificate for 3 years: the average annual return is between 9%, paid monthly, or 9.1%, paid quarterly.
5-year investment certificate: an average annual return of 9.5%, paid monthly.
4- Nasser Social Bank:
3-year certificate: the average annual return ranges between 11.5% annually, paid annually, and 11% is disbursed Benefit monthly.
5-year certificate: the average annual return ranges between 11.5%, paid annually, and 10.75%, paid quarterly.
Giving back certificate for one year: The average annual return ranges between 10.75%, paid annually, and 10.25%, paid monthly.
Return Certificate for 3 years: The average annual return ranges between 11.25%, paid monthly, and 12% annually.