IslamicFinance.de

Recent reports show that people in Qatar are saving less than they did earlier, and nearly half of them feel they don’t have enough for the future. There are several saving options offered by different banks in Qatar. Ahli Bank offers cash prizes for its MyHassad Savings account holders with a certain minimum balance. Besides, the bank offers Time Deposit, an investment product with fixed maturity and a fixed interest rate. Barwa Bank's saving option is the Barwa Bank Fixed Deposit with minimum QAR 15,000. Commercial Bank of Qatar has several saving products, like In Time Deposits, Young Saver Account and the Laddering Deposit Account. Doha Bank, HSBC, Qatar Islamic Bank, Qatar National Bank and Standard Chartered Bank contribute to the wide range of saving options offered by banks in Qatar.