The Call Deposit Account is a Shariah-compliant investment account designed for clients who wish to earn an expected profit on their funds while retaining instant access.

It is available exclusively to Private Banking customers and is intended for clients who already hold a Current Account with Kuwait Finance House PLC. Unlike the Current Account, which is held on the principle of Qard Hasan, the Call Deposit Account invests funds in Shariah-compliant activities under a separate investment arrangement.

Expected profit is shared with the account holder and is not guaranteed.

Key Account Information

Minimum Balance Requirements

Expected profit is calculated and payable only where the minimum balance is met.

How Does the Call Deposit Account Work?

Funds placed in the Call Deposit Account are invested by the Bank in Shariah-compliant financing and investment activities.

• Expected profit is calculated daily based on the end-of-day balance
• Profit is paid twice a year, on 30 June and 31 December
• The expected profit rate is variable and may increase or decrease
• Details of the applicable expected profit rate can be provided by your Relationship Manager

Expected profit is payable only on balances that meet or exceed the minimum balance requirements.

Can the Expected Profit Rate Change?

Yes. The expected profit rate applicable to the Call Deposit Account is variable and may change at any time depending on investment performance and market conditions.

If the expected profit rate increases, the change will be applied automatically.
If the expected profit rate is revised downward, you will be informed and may choose to:

• Continue with the account at the revised rate, or
• Withdraw your funds along with any profit earned to date, in accordance with the account terms

Access to Your Funds

Withdrawals

• This is an instant access account
• There is no limit on the number of withdrawals, provided the minimum balance is maintained

Additional Deposits

• Additional funds may be added at any time

Closing the Account

• You may close your Call Deposit Account at any time
• Funds will be transferred back to your Current Account

Shariah-Compliant Investment

Funds are invested in accordance with Islamic finance principles, under the oversight of the KFH Group Shariah Supervisory Board.

Shariah Governance

The Call Deposit Account is structured in line with Islamic finance principles. Funds are invested in Shariah-compliant assets, and any profit generated is shared with the account holder in accordance with the agreed terms.

All Shariah-compliant products and services offered by Kuwait Finance House PLC are subject to oversight by the KFH PLC Shariah Supervisory Board.

Expected profit is not guaranteed, and returns may vary.

Tax Considerations

Any expected profit is paid gross (without deduction of tax).
You are responsible for paying any tax due to HM Revenue & Customs (HMRC) or your relevant tax authority.

Vulnerable Customers

We recognise that vulnerability may arise due to health, financial, situational, or capability-related circumstances.

Kuwait Finance House PLC is committed to:

• Treating customers fairly and with respect
• Communicating clearly and transparently
• Providing additional support where required

If you require extra support, please contact us so we can take your individual circumstances into account.