albaraka-daily-investment-account

    • Minimum Amount to open the account: No minimum amount.
    • Minimum Balance to calculated profit: 50,000 EGP.
    • Variable Profit Rate up to 15%.
    • Target Segment: individuals/Corporate.
    • Account currency: EGP.
    • Profit payment frequency: calculate the profit daily and pay it end of Month.
    • Issuing Bank Statement every Quarter.
    • Cheque book could be issued.
    • Account could be opened and accessed through internet banking.
    • Profit is calculated based on the account tier.

    • Valid National ID (for Egyptians).
    • Valid passport (for foreigners).

  • Account balance

    Variable profit rate

    From EGP 50k to less than 250k

    6%

    From EGP 250k to less than EGP 500k

    7%

    From EGP 500k to less than EGP 1MN

    8%

    From EGP 1MN to less than EGP 3MN

    9%

    From EGP 3MN to less than EGP 5MN

    10%

    5MN less than 10MN

    11%

    From EGP 10MN to less than EGP 20MN

    12.50%

    From EGP 20MN to less than EGP 30MN

    14%

    From EGP 30MN & above

    15%

;

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