Mudarabah-Investment Accounts

This account provides an opportunity to undertake investment both the bank and the customer. Profit is calculated as per agreement and loss as per capital contribution.  This investment is taking on when the sharia audit certificate is given. This type of investment usually divided into two.

Restricted Investment Account

It is a fund that will be specifically deposited and utilized for a particular project of the account holders’ choice.

Unique Features and Benefits

  • Free of Riba (interest) account but with Very competitive profit return rates;
  • Profit is calculated as per agreement and loss as per capital contribution according to sharia audit certificate;
  • A minimum deposit balance of ETB 1,000,000(One Million Birr);
  • The Bank provides the Investment Deposit Certificate bounded by period;
  • Flexible Tenure (tenure of 3, 6, 9, 12 months or more).

Unrestricted Investment Account

It is a fund that will be placed in the Bank’s general pool of investment account that will be utilized for feasible shariah compliant investment activities.

Unique Features and Benefits

  • Free of Riba (interest) account but with Competitive profits;
  • A minimum deposit balance of ETB 50,000;
  • The profit or loss sharing schemes is as agreed and contributed respectively;
  • The Bank provides Deposit Certificate, bounded by period;
  • Flexible Tenure (tenure of 3, 6, 9, 12 months or more).