Murabaha Account

This is the basic savings product that is designed for our Muslim brothers and sisters who join the SACCO. It is a non interest bearing product. All the credit products are posted to this account. No dividend is paid to holders of this account.

Requirement to open Murabaha Account.
1) Photocopy of ID card.
2) Kshs. 1000 which acts as a minimum account balance.
3) Dully filled and signed account opening form.
4) Passport and signature captured by the office.

Benefits to ordinary savings account holders
1) No withdrawal limits.
2) ATM cards provided on request.
3) M-banking services provided on request.
4) No charges on deposit.

 

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