Is there any assurance for Coopbank Alhuda Sharia compliance?
Coopbank Alhuda provides all Interest-Free Banking products and services under the strict supervision of the Sharia Advisory Committee. This committee
What differentiate Restricted Mudarabah (Mudarabah Muqayyadah) from Unrestricted Mudarabah (Mudarabah Mutlaqah)?
Restricted Mudarabah is a fund that will be utilized explicitly to a particular project of the account holder's choice, whereas Unrestricted Mudarabah is a fund that will be placed in the bank’s general pool of Shariah-compliant banking activities.
What is a minimum deposit to open Labbaik Saving Account?
Any eligible individuals can open Labbaik Saving Account by depositing at least birr 500 (Birr five hundred) into the account at the time of opening, along with valid ID card, two passport size photographs, and other essential documents. After that, the depositor can deposit any amount of money at any time from the account.
Does Coopbank Alhuda offer its services to Non-Muslims?
Yes, everyone who is interested in Interest Free Banking is welcome.
Is there any assurance for Coopbank Alhuda Sharia compliance?
Coopbank Alhuda provides all Interest Free Banking products and services under strict supervision of Sharia Advisory Committee.