savings deposits (وَدَائِعُ الاِدِّخَارِ)

الفقه

التعريف :

---

Bank accounts which provide the clients with a savings book in which all transactions of deposit and withdrawal are entered, according to the bank’s regulations. Usurious banks give interest on such deposits and enable clients to make withdrawals, according to certain conditions. Islamic banks, on the other hand, do not pay interest, but allow the depositor to put his savings in an investment account.