The AGIB ‘ORR’ ACCOUNT is a premium investment account that seeks to mobilise long tenured deposits for investment in productive ventures. This is a profit Sharing Inestment Account (PSIA) based on the Mudarabah principle with the Bank as Mudarib, order thumb ailment who would professionally and profitably invest funds under the scheme in line with agreed conditions.
- No fixed profit pay out
- Strictly no withdrawal
- Minimum deposit of D1 million
- Enjoy free loan of up to 10% of principal per quarter
- 60% share of distributable profits