Account purpose
This product is designed for small size Informal businesses for the accumulation of sales proceeds from where they can make their purchases. It will operate like a current account suitable to handle cash flow patterns for small size businesses, groups, or individuals running informal business operations.
Shariah contract applicable
The account will operate based on the principle of wadi`ah yad dhamanah (safekeeping with guarantee) APS Islamic microfinance acts as the safe keeper or trustee for the fund deposited by the customer.
Features and benefits
- Fast and easy account opening process
- The product is fully Shari’ah compliant
- Free advice and coaching
- Access to finance for personal use
- Free Account opening
- Low operating requirements
- Accessible from all Branches and Agents countrywide
- Safe and secured
- Lots of complementary services
- E-Alerts
- Internet Banking (web & Mobile app)
- Business Advisory
- Training & Coaching
