Barakat Car Scheme
Features:
Customer Segment:
- Salaried Person
- Self Employed Professionals.
- Businessman
- Land Lord/ Lady
Maximum age:65 years at the time of investment maturity/till the date of retirement (whichever is earlier).
Purpose: Purchase of new and reconditioned vehicles for personal uses.
Work Experience:
Mudaraba Term Deposit
- This deposit product is guided by the Mudaraba principles of Islamic shariah.
- Bank will invest the MTD fund through shariah compliant investment modes along with the other Mudaraba fund to earn profit.
