The Ghina Fixed Deposit Account by Taqwa is a Shari'a-compliant savings scheme designed to provide depositors with ethical investment opportunities and attractive incentives.
1. Raffle Rewards:
• To promote the transition of funds from interest-based systems to Shari'a compliant banking, Taqwa offers a raffle system as a marketing strategy.
• Extravagant monthly and annual prizes are awarded to lucky account holders.
2. Profit Utilization:
The 70% of the annual profit retained by Taqwa is utilized for marketing activities, which directly benefit Ghina Fixed Deposit holders by attracting more customers and strengthening the scheme.
This scheme highlights Taqwa’s commitment to ethical financial practices, providing depositors with profit-sharing opportunities while fostering community welfare through innovative rewards and incentives.
- Minimum deposit is AFN. 10,000/- to be kept for a period of one year.
- 30% of the profit will be allowed.
- Certificate is issued.
- Raffle draw ticket is issued on every AFN. 10,000/- deposit.
- Winning prize will be worth over AFN 50,000/- to AFN 50,00,000/-.
- The final draw will decalred by the management at least 3 months before.
- Monthly/quarterly prizes will also be distributed to the lucky winner.
- Shari'a term is Mudaraba.
