My Tools

  • Loans Calculator

    Calculate the loan amount you can borrow or alternatively, the monthly payments you can afford.

    How much can i... borrow afford
    KD

    You can borrow only a maximum amount of.

    Calculate

    Rate of interest is 5.25% pa.

    KD
    KD
    24 Months

    Adjust repayment tenure to change EMI

    This is for demonstrative purpose only. Call 1801801 or visit a branch for exact calculations.

  • Loan Refinancing Calculator


    The above approximate calculation of the loan is for guidance only and does not entail any kind of obligation or liability on the bank. This operation and its result assumes that you have paid all your installments on time, your loan term did not have a grace period and you have not made partial payments to your loan. Kindly note that Government loans cannot be refinanced.Please contact 1801801 or visit any branch to confirm.

  • Term Deposit Calculator

    This is for demonstrative purposes only. Call 1801801 or visit a branch for exact calculations.

  • I would like to apply
  • Branch / ATM Locator
  • Al Jawhara

    Calculate your chances to win with Al Jawhara

    KD
    Calculate

    The minimum deposit is KD 50 and maximum deposit is KD 500,000. Terms & conditions apply.

    In case of no withdrawal within the holding period, extra chances will apply

  • Weather

    oC Feels like
    oC

    Humidity %
    Wind From
    Wind Speed kph
    Sunrise
    Sunset
    Updated:
  • Prayer Timings

    Kuwait Prayer Times
    Tuesday,January 17,2017

    • Fajr 05:20 AM
    • Sunrise 06:43 AM
    • Dhuhr 11:58 AM
    • Asr 02:54 PM
    • Maghrib 05:13 PM
    • Isha 06:34 PM
  • Ask a Question
  • Currency Converter

    Error: Generic error message here.

    10000

    Click here to view the Currency Rates

  • NBK Miles Points Calculator
    KD
    KD
    000
    000
    000

Watani USD Money Market Fund According to Islamic Shariah Principles II

Overview

Objective

The Fund seeks to achieve competitive returns by investing in short and medium term financial instruments that are compliant with the Islamic Shariah and are available in the financial market, such as the instruments arising from murabaha operations (involvement in this activity does not result in any direct or indirect financing). The Fund may invest in other investment funds whose investment objectives are similar to those of the Fund and that are compliant with the Islamic
Shariah to the extent that they do not conflict with the investment methods and policies specified in Article 25 hereof. All the instruments in which the Fund will invest in should comply with the provisions of Islamic Shariah as determined by the Fund’s External Shariah Audit Office. The Fund will seek to maximize its net asset value while maintaining a high level of liquidity by investing in high-quality instruments. The instruments in which the Fund will invest in are denominated in US Dollars. The Fund has the right to invest in instruments denominated in other currencies.

Investment Features

  • Potential returns higher than Fixed Deposits
  • Easy weekly access to your money
  • High-quality money market instruments
  • Low risk investment
  • Majority of the fund's investment are in fixed deposits with local banks
 

Got Questions?

 

 

Send to a Friend Print this page

Send to a Friend