A simple, secure way to set money aside and watch it grow. Your savings are managed under a profit-sharing arrangement (Mudarabah), so instead of fixed interest you earn a fair share of the returns the bank generates — fully in line with Islamic finance principles. It is the ideal account for individuals, families and first-time savers.
Key Features
- Profit-sharing returns on your balance (Mudarabah) — no interest
- Low opening balance to get started
- Free deposits at any branch and via mobile channels
- 24/7 access through USSD *723# and online banking
- Statements and balance alerts to track your money
- Funds available whenever you need them
Eligibility / Requirements
- Valid means of identification (National ID, Voter's Card, Driver's Licence or International Passport)
- Bank Verification Number (BVN)
- One recent passport photograph
- Proof of address (utility bill or similar)
How to Apply
Visit any of our branches, dial *723#, call 0903 495 5555, or apply online at quantummfb.com.ng.
[DRAFT — rates/fees pending client tariff schedule]