AmanaBank Current Account (Sole Proprietorship)

AmanaBank Current Account is a special product based on Sharia compliant contract of Qardh (Loan). It aims at giving customers a complete peace of mind since the funds are safe and utilized in Halal transactions only.

Features

  1. Opening balance of TSH 50,000 or USD 1000.
  2. Minimum operating balance of TSH 20,000 or USD 500.
  3. Based on Qardh contract.
  4. Cheque book.
  5. 24hrs access to cash through nation wide Umoja Switch ATM network.
  6. Available in TSH and USD only.

Benefits

  1. Easy to open and operate.
  2. Free cash transfers within the Bank.
  3. Customized ATM Card.
  4. Free monthly bank statement
  5. Access to Internet banking.
  6. Free over the counter balance inquiry service.
  7. Cheque book.
  8. 24hr access to your money through nation wide Umoja Switch ATM network.
  9. Peace of mind in placing funds with a bank that uses it in Halal transactions.

Requirements

  1. Certified copy of business license.
  2. Certified copy of business name registration.
  3. Certified copy of extract from the registrar
  4. Two recent passport size photographs.
  5. Certified copy of voter’s card/ new driving license/passport/ new national identity card
  6. Introduction letter from existing account holder