Wadiah (Safe Keeping)

Wadiah (Safe Keeping)

Wadiah means custody of safekeeping. In a Wadiah arrangement, you will deposit cash or other assets in a bank for safekeeping. The bank guarantees the safety of the items kept by it.

SAIB offers a wide range of Wadiah; for example:

  • Investment account
  • Certificate “El Man”
  • Certificate of “El Salwa”
  • Daily return “El Tayseer”