The United Bank is to launch “Safwa” saving account with a competitive return

30/10/2024

Safwa Account 30 % United Bank

An opportunity for Investors

The United Bank is to launch “Safwa” saving account with a competitive return

Cairo: 30th of October 2024

The United Bank announced an opportunity for its clients who want to invest their money, by opening “Safwa” saving account, which gives them a competitive return.

“Safwa” account grants its client the freedom to choose between either opening a traditional account, or compliant with Sharia provisions account. The return is to be calculated based on at the least amount left in the account during the month.

The minimum amount opening- limit is 500 thousand pounds. With a return reaches to 30% annually with different periodic disbursement (monthly, quarterly, semi- annually, and annually), as per the client’s needs. Aiming to meet different clients’ needs.

It’s worth mentioning that Safwa account- compliant with sharia provisions based on Islamic speculative formulas. Disbursement of periodic returns from under account until final settlement.