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Benefits
- Sharia Compliant: Al Baraka ELITE Certificate adheres to Sharia principles.
- Variable annual profit rate: 17% disbursed monthly.
- Invest: Al Baraka ELITE Certificate is ideal for long- term investments.
- Al Baraka Debit Cards: can be used to withdraw CD profit through ATMs 24/7.
- Secured financing & credit card: Apply for secured finance and secured credit cards, up to 90% of the CD amount.
- Enjoy all Internet banking services
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Features:
- CD Minimum Purchase Amount: EGP 1,000 & its multiples
- CD Currency: EGP
- CD Duration: 3 Years
- Profit Payment Frequency: Monthly
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Required Documents:
Albaraka Customers:
- Signing CD purchase request
New Customers: (Account opening documents)
- 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
in addition to Signing CD purchase request