Khaberni - The Military Trust Fund has announced the distribution of profits on investment deposits for the first half of 2025, where the fund's administrative authority, under the direction of the Chief of the Joint Staff Major General Yousef Ahmad Al-Hnaity, decided to distribute an annual profit rate of 6 percent to depositors in the term investment accounts - compliant with the provisions of Islamic Sharia law.
The General Manager of the Military Trust Fund, Yazid Al-Khalidi said, "The distributed profit rate on the deposits is very competitive and reflects the commitment to implementing the strategic goals of the fund on one hand, and it confirms the robust financial solvency of the fund on the other hand," adding "We continuously work on encouraging military personnel, both working and retired, to save and invest, through the profits distributed to depositors, which are among the highest rates in the local market, and the beneficiaries of the fund's services will remain at the top of our priorities by offering the best and latest banking services that meet their financial needs."
He added that the Trust Fund continues to update and develop various electronic services to facilitate the beneficiaries, in addition to the geographical expansion of the branch network to include most of the provinces of the kingdom focusing on vital areas where the beneficiaries of the fund's services are located.
Al-Khalidi pointed out that this year, a number of electronic services were launched that were widely praised by the affiliates, in addition to more services that will be launched soon, explaining that two new branches will be opened in the upcoming period.
It is noted that the distributed profit rate applies to all investment deposits for officers, personnel, and retired military at the fund, linked for a 12-month term with a minimum of one thousand dinars.
