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Features
- Compliant with the Islamic Sharia.
- Al Baraka Bank Elite CD provides a competitive variable profit rate of 17 % credited into the account at the end of the month.
- Minimum purchase amount: EGP 1000 & its multiples.
- You can use your debit card of Al Baraka Bank to withdraw CD profit through ATMs 24/7.
- Al Baraka Bank provides Islamic facilities against Al Baraka Bank Elite CD.
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Required Documents
Albaraka Customers:
- Signing CD purchase request.
New Customers:
- Valid National ID for Egyptians / Valid Passport for Non-Egyptians.
- Proof of residency address “if it varies from the stated address in the ID”.
- Proof of income.
- Signing CD purchase request.