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Al Baraka Corporate Saver

OPENING THE DOOR TO A NEW ERA IN INVESTMENT

Al Baraka Bank, established in 1989, aims always to develop and introduce new and innovative products for the benefi t of all those it exists to serve.

We are, therefore, pleased to bring to the market the Al Baraka Corporate Saver, a pure investment option as a viable alternative to interest-based fi nancial instruments, thus affording both you and your clients peace-of-mind.

Features of the account include:
• Funds are invested for a fixed period of 35 days and are automatically re-invested on maturity;
• No penalty for early withdrawals;
• No minimum balance requirement;
• Subsequent deposits to the account are permitted;
• No cash deposit fees and no monthly service fees;
• Property guarantees may be generated on Section 78 (2A) investments, at a minimal charge;
• Quick turn-around time on the establishment of guarantees; and
• IT3 (b) certifi cates, individual statements of account and group investment statements are made available.


Al Baraka Bank, partnership banking you can trust... so, trust us with your trust monies

A SHARIAH INVESTMENT SOLUTION DESIGNED TO SUIT BOTH YOU AND YOUR CLIENTS

ENGAGE WITH US

Al Baraka Bank is equipped to provide professional support in terms of addressing your investment queries either by way of our Legal Division or through a Branch Relationship Manager.

Page last updated: 2016-09-07 | version: 15

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Albaraka Bank Ltd Reg No 1989/003295/06. Albaraka Bank Ltd subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. Albaraka Bank Ltd are an authorised financial services provider. Albaraka Bank Ltd is a registered credit provider in terms of the National Credit Act, 34 of 2005 (NCR Reg No NCRCP14).  An Authorised FSP No.: #4652