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Target Savings

Save toward a specific goal on a Mudarabah profit-sharing basis, with a fixed target date and amount.

Target Savings is a goal-based plan: you set an amount and a date — a car, a wedding, Hajj or Umrah, a deposit on a home — and commit to regular contributions. Funds are managed on a Mudarabah basis, so your balance has the opportunity to grow through the bank's lawful trading activity, shared with you on an agreed profit ratio.

Key features

  • Flexible contribution frequency — weekly, monthly or lump sum
  • Progress tracking in the mobile app
  • Early withdrawal available, subject to standard terms

Who it is for

Anyone saving toward a specific goal who wants discipline and the possibility of halal growth along the way.

Ready to get started?

Interested in Target Savings?

Open an account online, or speak to a relationship manager about this product first — either way, you're covered.

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