Islamic banks provide savings accounts (also called Wadiah)and can use the funds for whatever investment it decides upon without informing the savings account holders,although the bank must guarantee the deposit principal against any damage or loss.

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The Answer of Islamic banks provide savings accounts (also called Wadiah)and can use the funds for whatever investment it decides upon without informing the savings account holders,although the bank must guarantee the deposit principal against any damage or loss.

Islamic Banks Provide Savings Accounts (Also Called Wadiah)and Can Use