Surrogate income for doctors and university professors
Program specification.
- Granted to Doctors/ professors working in Egyptian universities.
- Maximum financing amounts up to 1,100, 000 EGP.
- Maximum tenor repayment up to 84 months.
- Competitive rate of return in accordance with the Murabaha contract and Islamic Sharia
- least administrative fees.
- Financing 100% of the value of the commodity/service to be financed.
- The minimum age is 23 years, and the maximum is 65 years at the maturity date of the Murabaha
- Free Takaful insurance policy against the risks of death and total disability throughout the Murabaha period.
- The possibility of granting supplementary Murabaha according to the customer's DBR
- Availability of many digital services such as: Online Banking & BM Wallet.
- Under the supervision of the Sharia Board.
Required Documents
- Copy of a valid national ID.
- Recent utility bill.
*Terms and conditions apply