Mudarabah Business Saver

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The Mudarabah Business Saver Account is a Shari’a compliant savings product that meets the needs of SMEs. It makes entrepreneurs’ lives easier and enables them to pursue their business goals while generating returns on their savings.

For businesses that want easy and instant access to their money, while generating a return, this account will suit your needs.

Open the Mudarabah Business Saver Account today and ensure your surplus cash is working hard for you.

  • Instant access to your money
  • Withdraw freely from your account
  • Manage your account through any of our branches, Internet Banking or our Mobile Banking Application
  • Make your money work harder for you
  • Monthly generated profit on your savings

Alizz Islamic Bank’s Mudarabah Business Saver Account is based on the Islamic contract of Mudarabah. Under this scheme, Alizz Islamic Bank will enter into a Mudarabah contract with the customer, whereby; the bank will invest the customer’s funds in a Shari’a compliant ‘Mudarabah Pool’, and the resultant profits will be calculated and distributed between the bank and the customer at the end of each month. This means the better the bank performs, the higher profits the customer earns.

Suitable for the SMEs who wish to earn a return on their savings without a fixed lock-in period, the most important difference between this account and traditional business account is that the customers’ funds are invested in the Shari’a compliant Islamic assets.

Approved by Shari'a Supervisory Board

All Alizz Islamic Bank products and services are approved by the Shari'a Supervisory Board.