Accounts
What will happen to my Call Account?
All Ithmaar Bank Call Accounts will be migrated to Al Salam Bank as Call Accounts by 1 January 2023.
Will I be able to view my Call Account on Al Salam Bank mobile application? If yes, when?
Yes, you will be able to view your call accounts under the “Accounts” menu on Al Salam Bank mobile application effective 1 January 2023.
Will the annual profit rate change post migration? If yes, what will it be?
Al Salam Bank Call Account pays an expected profit of 0.5% per annum.
How is the Call Account structure at Al Salam Bank?
Al Salam Bank Call Accounts pay an expected profit of 0.5% p.a. which is disbursed monthly. The account is subject to a minimum balance of BD5,000 and BD10 non-maintenance charge.
What will happen to my USD Call Account?
It will be migrated as a USD Call Account to Al Salam Bank on 1 January 2023.
Will my Call Account be linked to Al Salam’s Debit Card as well?
All accounts linked to your debit card will continue to be linked to the same equivalent new accounts.
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