Simplify your daily life
This is a current account based on the concept of “Qard Hassan.”
It allows the account holder to have their income (salary and other) deposited and to access all the products and services associated with this type of account.
The Islamic checking account holder can access their funds at any time.
Advantages
- Free CIB card;
- Free checkbook;
- Online banking: access your account via the internet
- Check deposit;
- Sending and receiving transfers;
- Withdrawals and deposits at any BNA branch;
- Subscription to one of the packages with a single annual fee;
- Free prepaid cards;
- Free WIMPAY subscription.
Frequently asked questions
- How long is a check valid for?
A check is valid for 3 years and 20 days from the issue date printed on the check.
- Are there any fees for withdrawals and deposits?
Withdrawals and deposits are free of charge. A fee is charged per package and for transactions made online or at ATMs.
- Can I close my account?
Yes, you just need to submit a request.
- Can I withdraw my money anywhere in the national territory ?
Yes, you can withdraw your money anywhere in the national territory .
Create value according to your values with this account
The Unrestricted Islamic Investment Account is a fixed-term deposit account based on the Islamic concept of Mudaraba, which focuses on profit and loss sharing. The account holder authorizes the bank to invest the deposited sum for a predetermined period to finance Islamic finance projects undertaken by the bank.
Advantages
- A product certified as compliant with Sharia principles.
- Returns based on the profits generated by BNA’s Islamic financing.
- A competitive allocation key.
Frequently asked questions
- Where does the return come from?
The bank invests clients’ funds in Islamic financing to generate a profit.
- Is early repayment possible?
The bank can make a full or partial early repayment of the deposit at the client’s express request. If the invested funds have an effective term of less than six (6) months, they cannot earn interest.
- Can I make investments at any time?
Yes, you can make investments at any time, but each investment has its own term, which is determined in advance and forms the basis of your investment agreement.
- Is there a possibility of loss?
The investment account is based on the Mudaraba concept, which stipulates the sharing of profits and losses. However, the bank has experience in the field that allows it to select worthwhile projects.
Choose Trust and Security
The investment certificate is a participatory security in which the subscriber authorizes the bank to invest the subscribed amount in the bank’s portfolio of Islamic finance projects. Investment certificates can only be subscribed to in the subscriber’s name. Investment certificates can be with or without interest. The placement of “Investment Certificates” without interest is based on the principle of “QARD HASSEN” For investment certificates with interest, the sharing of profits between subscribers and the bank is carried out according to the Islamic principle of “Mudaraba” (the Islamic partnership).
Certificate of Conformity Certificate of Conformity Documents to be provided
Advantages
- A product certified as compliant with Sharia principles.
- Interest based on the profits resulting from financing granted by BNA within the framework of Islamic finance.
- A competitive allocation key.
Frequently asked questions
- Is early repayment possible?
The bank may make an early repayment at the client’s express request. Funds invested with an effective term of less than 6 months are not eligible for interest.
- Is there a possibility of loss?
Investment certificates with interest are based on the Mudaraba concept, which stipulates the sharing of profits and losses. Investment certificates without interest are based on the principle of “Qard Hassen” (the rightful share).
- What is Mudaraba?
Mudaraba is a contract under which the client, referred to as the “Funder” and designated by “Rab-El-Mal” (the “Funder”), provides clearly identified funds to the bank, referred to as the “Manager” and designated by “El-Mudareb” (the “Manager”). The bank is responsible for investing the funds in financing projects that comply with Sharia principles, while defining in advance the profit-sharing arrangements between the two parties
