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The profit rates on Al Salamah’s 3-month and 6-month Mudarabah Fixed Deposits stood at 11.46% and 11.79% respectively, whilst the 12-month Mudarabah Fixed Deposit profit rate stood at an unprecedented 12.07%.
The reasons for Al Salamah’s strength are the following:
Al Salamah is backed by LB Finance’s 40 years of expertise, giving it a major advantage in the market. Furthermore, Al Salamah is not only monitored by a highly experienced and learned Shari’a Supervisory Council, it is also sanctioned by the Monetory Board of the Central Bank of Sri Lanka.