El Maan Certificates
Enjoy the benefits and returns applied to Mann Certificates and approved by the Fatwa and Sharia Supervision Board of the Bank.
- Mann Certificate in Egyptian Pounds
- Mann Certificate in US Dollars.
EGP Maan Certificate
EGP Maan Certificate Features & Benefits:
- The certificate is issued to individual clients
- The certificate is valid for 3 years and is based on Sharia-compliant speculation.
- The minimum amount for issuing the certificate is 5,000 Egyptian pounds and the certificate issuance category is 1,000 pounds and its multiples
- The return is annual and variable, paid on account until a final settlement is made at the end of the fiscal year, and is determined based on the profitability of Islamic transactions in the bank, as is the case in the Sharia-compliant speculation contract.
- Return disbursement periodicity: monthly, quarterly, semi-annually, annually.
- The return is calculated from the business day following the certificate is linked.
- The certificate returns are exempt from all types of taxes.
Terms and conditions apply.
USD Maan Certificate
USD Maan Certificate Features & Benefits:
- The certificate is issued to individual clients
- The certificate is valid for 3 years and is based on Sharia-compliant speculation.
- The minimum amount for issuing the certificate is 500 US dollars and the certificate issuance category is 100 US dollars and its multiples
- The return is annual and variable, paid on account until a final settlement is made at the end of the fiscal year, and is determined based on the profitability of Islamic transactions in the bank, as is the case in the Sharia-compliant speculation contract.
- Return disbursement period: monthly.
- The return calculation begins from the business day following the certificate’s linkage.
- The certificate’s returns are exempt from all types of taxes.
Terms and conditions apply.