Business Accounts
Business Accounts
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.
Benefits
![](https://shabellebank.com/wp-content/uploads/2021/10/check-400x400.png)
Dedicated relationship manager.
![](https://shabellebank.com/wp-content/uploads/2021/10/check-400x400.png)
Access to free direct salary deposit.
![](https://shabellebank.com/wp-content/uploads/2021/10/check-400x400.png)
Shari’ah compliant “Al-Wadiyah”, “Qard” and “Mudarabah” accounts.
![](https://shabellebank.com/wp-content/uploads/2021/10/check-400x400.png)
Access to online banking, mobile banking, and SMS banking.
![](https://shabellebank.com/wp-content/uploads/2021/10/check-400x400.png)
Access to cheque book.
![](https://shabellebank.com/wp-content/uploads/2021/10/check-400x400.png)
Access to an internationally recognized debit card.
![](https://shabellebank.com/wp-content/uploads/2021/10/check-400x400.png)
Access to copy of old and processed cheques.
![](https://shabellebank.com/wp-content/uploads/2021/10/check-400x400.png)
Conveniently accessible branches and ATM locations.
![](https://shabellebank.com/wp-content/uploads/2021/10/check-400x400.png)
Access to business financing.
Requirements
Certificate of Incorporation.
Original valid ID/passport of all authorized signatories.
Account opening form.
Other documents, as per the type of account chosen.
![](https://shabellebank.com/wp-content/uploads/2021/09/handshake-2009195_640.png)