Accounts At Daryeel Bank, we offer a range of accounts to suit your financial needs.
Our Savings Accounts provide a secure place to grow your money with competitive interest rates.
Our Current Accounts offer easy access to your funds with a variety of features to manage your day-to-day banking needs.
Yeel Mobile Banking Our innovative mobile banking product, Yeel Mobile, offers unparalleled convenience. With Yeel Mobile, customers can access their accounts, buy merchandise from all participating Somali Payment Switch merchants, and send remittances to their loved ones around the world. Yeel App users can also send instant money to renowned mobile wallets such as Mpesa in Kenya, and Airtel and MTN in Uganda.
Islamic Investment and Financing Daryeel Bank is committed to providing Sharia-compliant financial solutions. Our Islamic Investment and Financing services are designed to meet the needs of our customers while adhering to Islamic principles. We offer a range of investment opportunities and financing options that are both ethical and profitable.
Murabaha Murabaha is an Islamic financing structure where the seller and buyer agree on the cost and markup of an asset. It is also known as cost-plus financing. Instead of charging interest, which is prohibited under Islamic law, the bank adds a profit margin to the cost of the asset. This type of financing is commonly used for purchasing goods, real estate, and trade.
Mudarabah Mudarabah is a profit-sharing partnership where one party provides the capital, and the other party provides the management and expertise. The profits are shared according to a pre-agreed ratio, while any losses are borne solely by the capital provider. This type of financing is often used for investment projects and business ventures.
Qardul Hassan With the support of the Central Bank of Somalia, Daryeel Bank offers Qardul Hassan, a benevolent loan where no interest or profit is charged. This type of loan is provided to help individuals in need without any financial burden. It is a true reflection of our commitment to social responsibility and community support. In Baydhaba alone, we have provided Qardul Hassan loans to 150 small businesses and individuals, helping them achieve their financial goals.
Seamless Fund Transfers Daryeel Bank is seamlessly connected to all 13 Somali banks. As part of the Iku-Xirka-Bankiyada-Somalia project, we offer seamless account-to-account fund transfers to and from any other bank in Somalia, ensuring our customers enjoy smooth and efficient banking services.