(Al-Wadiyah, Qard and “Mudarabah)
Shabelle Bank will offer current accounts and various types of savings accounts to corporates, Small and Medium Enterprises (SME’s), non-governmental organizations, and non-profits. All accounts will be “Ribah” / interest-free and “Shari’ah” compliant. They will use the Islamic financing principles of “Al-Wadiyah”, “Qard” and “Mudarabah” appropriately.
Dedicated relationship manager.
Access to free direct salary deposit.
Shari’ah compliant “Al-Wadiyah”, “Qard” and “Mudarabah” accounts.
Access to online banking, mobile banking, and SMS banking.
Access to cheque book.
Access to an internationally recognized debit card.
Access to copy of old and processed cheques.
Conveniently accessible branches and ATM locations.
Access to business financing.
Certificate of Incorporation.
Original valid ID/passport of all authorized signatories.
Account opening form.
Other documents, as per the type of account chosen.