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Military Credit Fund gains at 5.85%

Military Credit Fund gains at 5.85%

The Military Credit Fund announced a cash dividend distribution of 5.85% annually for the first half of 2026, credited to the investment deposit accounts of beneficiaries and retired military personnel. This comes under the directives of the Chairman of the Joint Chiefs of Staff, Lieutenant General Youssef Al-Hunaiti, with the aim of enhancing financial benefits and providing competitive returns, focusing on savings products with high yields that are compliant with Islamic law. The Fund also revealed plans for expansion and the development of digital services to increase branch numbers and improve access to services. It reaffirmed its commitment to providing banking solutions that adhere to Shariah standards to promote financial stability for military personnel.

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