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Safe Deposit services from Islamic Bank

The most secure storage for your valuables Almaty 282 Dostyk Avenue

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Mudaraba

Investment deposit

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What is Islamic banking

Nowadays there are around 700 Islamic financial institutions in more than 90 countries

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About the Bank

Our Bank was founded on June 6, 1991 and is one of the five oldest banks in Kazakhstan.

The main advantages of the Bank are the Bank’s high liquidity, availability of permanent financially sustainable clients, business reputation, mounting confidence in the Bank, individual approach to the client’s requests, flexibility to external environment changes such as legislation, normative standards, technologies, etc.

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Interesting Facts

The Islamic Finance sector remains the fastest growing in the global financial system:

Zaman-Bank wasestablished in 1991

Annualyincreases by 15 - 20%

More thanin 90 countries

Islamic financial institutions are about 700

Services and Tariffs

For Private Clients

Agency deposit “Wakala”

Wakala is an agency agreement, where the Client (Muwakkil) assigns the Bank (Wakil) to invest the Client’s funds, and the Bank makes all affords to gain profit by investing funds into any Sharia compliant business project as agreed by the parties. Muwakkil provides his funds to the Wakil’s fiduciary management. Wakala shall be maintained exclusively by Wakil within the liabilities specified in the investment agency deposit agreement.

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For Corporate Clients

Current deposit “Mudaraba”

Mudaraba is a form of investment deposit, where the Depositor (Rabbul Mal) transfers its capital to the Bank which acts as a Manager (Mudarib) and invests the capital in investment projects with different risk levels.

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Submit an Application

Agency deposit “Wakala”

Wakala is an agency agreement, where the Client (Muwakkil) assigns the Bank (Wakil) to invest the Client’s funds, and the Bank makes all affords to gain profit by investing funds into any Sharia compliant business project as agreed by the parties. Muwakkil provides his funds to the Wakil’s fiduciary management. Wakala shall be maintained exclusively by Wakil within the liabilities specified in the investment agency deposit agreement.

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Submit an Application

Asset disposal

For detailed information you can call:
8 (7187) 28 00 00
Email: info@zamanbank.kz

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