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BML Islamic

General Investment Account

Looking to save a fixed amount of money for a specific period of time?

With BML Islamic General Investment Account based on Wakalah bil Isthismar (investment agency), it’s quite easy!

You can open either a USD or an MVR account of varying tenures with attractive expected profit rates and flexible investment options.

Key features

Profit rates

MVR Deposit

6 months12 months
10,000 to 50,0001.60%  1.70%
50,001 to 1,000,000 1.70%  1.80%
1,000,001 to 5,000,0001.80% 1.90%
5,000,001 to 10,000,000 1.90%2.00%

USD Deposit6 months12 months
5,000 to 50,0001.35%1.45%
50,001 to 100,0001.45%1.55%
100,001 to 250,0001.55% 1.65%
250,001 to 1,000,000 1.65% 1.75%

All rates are in percentages per annum

Useful downloads

BML Islamic Business Account Opening Form English
Sample Board Resolution BML Islamic Business Accounts English