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Investment Hajj and Umra Account

This is a special-purpose Mudarabah investment account designed to help customers save and invest their funds for performing Hajj or Umra pilgrimages. The funds are invested to generate potential profits while saving for this spiritual goal.

Product Features and Benefits

  • Designed specifically for saving and investing for Hajj and Umra expenses
  • Withdrawals are permitted, but the PSR may be adjusted if the balance falls below a tier threshold;
  • The Bank may facilitate access to foreign currency for pilgrims, subject to availability
  • Requires a minimum initial and maintained balance of Birr 2,000.
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