Afghan United Bank

SPECIAL MUDARABAH CHILD SAVER ACCOUNT

Mudarabah saving account is a partnership contract between the Bank and the Client. The client provides fund and the bank invest complying the shariah principles. Earned profit is distributed among the partners as per pre-agreed ratio and loss.

Looking for a bright future and to safeguard your children financially? Do you want to make a future backbone for your kids? AUB Islamic Banking Window provides highest profit rate based on Mudarabah to financially safeguard your kids.

Who can open?

All children below the age of 18 under the guardian of his/her parents or a legal guardian approved by the competent court.

Required Documents

Tazkira (National ID Card) of the child as well as the parents or guardian
Latest photograph
Initial deposit AFN 200 and USD 10.

What are the benefits?

Halal/permissible profit
Transactions are allowed in the account
Monthly account statement
Compliance with Shari’ah principles & regulations
Interest free (no reba)

What is the rule for profit & loss

No fixed profit before or at the time of opening Child Mudarabah Saving Account
No fixed contract period is required
Profit is as per agreed ratio
Profit (if any) will be on the monthly average balance after bank’s quarter
Customer can use the received profit after the bank’s profit distribution

What extra services are available for this account?

SMS Banking
Internet Banking
ATM Services
Bill of Power collection with less time consumption
Money Transferee (Inside & Outside the country) fast and safe

SPECIAL MUDARABAH CHILD SAVER ACCOUNT

SPECIAL MUDARABAH CHILD SAVER ACCOUNT

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