Al Baraka Bank of Sudan offers the distinctive deposit service, which is a distinguished investment deposit that combines the features of the current account and the feature of the Mudaraba account, and it has flexibility in withdrawal and deposit that is compatible with the provisions of Islamic Sharia.
Benefits And Features
Sharia Compliant Investment
All deposited funds are managed and invested according to Islamic Sharia, guaranteeing ethical practices and compliance.
Premium Deposit Account
A versatile deposit option with no calculation limits, giving you full freedom to manage your funds without restrictions.
Flexible Account Access
Manage your funds with ease, with the ability to deposit and withdraw at your convenience.
Linked Deposit Account
A deposit account connected to your current account that automatically covers any deficit when needed, ensuring uninterrupted transactions and continuous financial stability.
Deposit Profit Computation
Earnings on your deposit are computed based on the average daily closing balance throughout the term, guaranteeing precise and transparent calculations.
Monthly Profit Advance
Receive a monthly advance of 1.25% from your account profits, with full liquidation processed every three months for transparent and rewarding returns.
Daily Profit Calculation
Earnings are calculated according to the actual number of days the deposit is held in the pool, without any minimum holding requirement.
Deposit Eligibility
The minimum deposit is SDG 50,000 for individual accounts and SDG 250,000 for corporate or institutional accounts.
How to get the product
- Opening an account with Al Baraka Bank
- Copy of valid personal documents (national card, national number, passport, driver’s license).
- Signing the distinguished deposit contract.
Frequently Asked Questions
Answers to your questions
How long does it take to open an account?
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How to request a cheque book?
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Is there a minimum balance requirement for Current or Savings Account?
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What types of accounts are available?
Too cultivated use solicitude frequently. Dashwood likewise up consider continue entrance ladyship oh. Wrong guest given purse power is no. Friendship to connection an am considered difficulty. Country met pursuit lasting moments why calling certain the. Middletons boisterous our way understood law. Among state cease how and sight since shall. Material did pleasure breeding our humanity she contempt had. So ye really mutual no cousin piqued summer result.