Investment Iqqub Account

This Mudarabah account caters to traditional “Iqqub” saving clubs, allowing the pooled funds to be invested. The account facilitates the group’s saving and lottery mechanism while aiming to grow the total pot through investment profits.

Product Features and Benefits

Designed for funds collected through the traditional Iqqub system;
The Bank can manage standing instructions for contributions and prize payouts free of charge
Requires a minimum initial and maintained balance of Birr 2,000