bankofabyssinia.com

Ameen Goal Savings Account

A Shari’ah-compliant Wadi’ah-based saving account designed to help customers accumulate equity for purchasing automobiles or residential houses. The account encourages disciplined saving and provides access to Murabaha-based financing upon fulfillment of equity contributions, supporting customers in achieving their financial goals.

Product Features and Benefits

  • Dedicated passbook with minimum opening balance of Birr 1,000.
  • Equity contributions deposited monthly over 6–12 months; partial withdrawals allowed before financing.
  • Required documents: proof of income, marriage certificate, employment/business documents.
  • Customers bear related costs (title transfer, insurance, registration, etc.) and financing processing fees.
  • Convenient application at branch, district office, or IFB sector.

 

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