Islamic
Fixed Deposit Accounts
Mudarabha
(Fixed Deposit Account):
·
This account can be opened under
Mudarabha principals for specific fixed term after signing an agreement with
BMA.
·
Account can be opened as single or joint
signatories.
·
Minimum balance for individual account
is 25000AFs, 500 EURO or 500 USD.
·
Minimum balance for Cooperate Account is
50000AFs, 1000 EURO or 1000 USD.
·
No opening and closing charges.
·
No account maintenances fees.
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