Schedule of charges

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Rewarding you with unparalleled banking privilege, Bank Makramah Classic Current Account offers you the additional benefits of Health Insurance and Hospitalization Coverage, making your present healthy and future secure.

Mahana Amdan Account

Mahana Amdan Account

Bank Makramah offers a unique term deposit product where you receive attractive Monthly Payouts with attractive returns.

Hamara Family Savings Accounts

Hamara Family Savings Accounts

Fostering the bond that exists with its customers, and to better serve their financial needs, Bank Makramah has come up with ‘Hamara Family Savings Account’

Young Bee Account

Young Bee Account

The Young Bee Account is a magical world of saving with many adventures awaiting your young ones.

Payment Solution

Quick, Secure, and Convenient

Payment Solution

Frequently Answered Questions

Why have you changed the name from Summit Bank Limited (SMBL) to Bank Makramah Limited (BML)?

The name change from Summit Bank Limited to Bank Makramah Limited (BML) signifies the Bank’s commitment to embracing Islamic finance principles and delivering innovative financial solutions to its valued customers. Rest assured, Bank Makramah Limited (BML) remains committed to serving our customers, and we will ensure a seamless transition for all our valued customers through this transformative phase.

How long will it take for the transition from Summit Bank Limited (SMBL) to Bank Makramah Limited (BML)?

The transition process is ongoing, and Bank Makramah Limited (BML) aims to complete it as soon as possible. The specific time-frame for the complete transition will be communicated through updates provided by the Bank.

Will there be any impact on my existing account and relationship? Or the services I am currently using?

No, currently there will be no impact or change on the services you are availing or your relationship with the Bank. You will retain access to all the features and benefits associated with your accounts. Rest assured, as Bank Makramah Limited (BML), we will continue to serve you dedicatedly, and we will make sure the transition is smooth for everyone.

Do I have to update my existing account information under the new Bank name?

There is no need for you to update your account information. All changes related to the name and identity will be automatically updated in our records, and you can carry on with your banking activities as usual.

Can I continue using my existing cheque book(s), debit card(s), and other banking instruments?

Yes, you can continue using your existing cheque books, debit cards, and other banking instruments as usual. We will provide updates in case there are any changes in the future.

Will the Bank introduce new products or services (including car/home/auto loan) under the new name?

Currently, our primary focus of the name change is to enhance the customer experience, however, the Bank may introduce new products or services in the future. Any updates regarding new offerings will be communicated through official channels.

Why have you changed the name from Summit Bank Limited (SMBL) to Bank Makramah Limited (BML)?

The name change from Summit Bank Limited to Bank Makramah Limited (BML) signifies the Bank’s commitment to embracing Islamic finance principles and delivering innovative financial solutions to its valued customers. Rest assured, Bank Makramah Limited (BML) remains committed to serving our customers, and we will ensure a seamless transition for all our valued customers through this transformative phase.

How long will it take for the transition from Summit Bank Limited (SMBL) to Bank Makramah Limited (BML)?

The transition process is ongoing, and Bank Makramah Limited (BML) aims to complete it as soon as possible. The specific time-frame for the complete transition will be communicated through updates provided by the Bank.

Will there be any impact on my existing account and relationship? Or the services I am currently using?

No, currently there will be no impact or change on the services you are availing or your relationship with the Bank. You will retain access to all the features and benefits associated with your accounts. Rest assured, as Bank Makramah Limited (BML), we will continue to serve you dedicatedly, and we will make sure the transition is smooth for everyone.

Do I have to update my existing account information under the new Bank name?

There is no need for you to update your account information. All changes related to the name and identity will be automatically updated in our records, and you can carry on with your banking activities as usual.

Can I continue using my existing cheque book(s), debit card(s), and other banking instruments?

Yes, you can continue using your existing cheque books, debit cards, and other banking instruments as usual. We will provide updates in case there are any changes in the future.

Will the Bank introduce new products or services (including car/home/auto loan) under the new name?

Currently, our primary focus of the name change is to enhance the customer experience, however, the Bank may introduce new products or services in the future. Any updates regarding new offerings will be communicated through official channels.