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A’amal Account

Today’s business world requires businessmen and companies alike to look for modern corporate banking services. AlNile Bank has designed a Sharia-compliant corporate package “A’Amal” to meet your business needs and support your corporate development and growth.

A’AMAL Current Account allows you to manage your account with ease in addition to enabling you to access a range of specialized banking products and services. The credit balance in this account is considered as Qard Hasan (Non-Interest incurring Loan), whereby the bank is obliged to to payback the credit balance in full to the customer on demand.

Features and Benefits

– Free bank statements through E-banking which offers other electronic services as well
– Easy and safe access to your account through the AlNile Mobile service.
– A semi-annual statement.
– A chequebook.
– Payment of Standing Instructions/Transfers.
– Competitive service charges.

Documents Required

– Trade license or business name and C.C. registration.
– Memorandum and articles of association/Business registration certificate/ Board resolution letter to open the account.
– Valid ID in addition to a general power of attorney.
– Terms and conditions apply.