
Baraka Credit Islamic Card
Barak Bank – Egypt has Succeeded Lately To Launch Its First Islamic Credit Card That Is Complying With Islamic Shari After Getting Approval From Our Bank Shari Board To Attract Customer Segmentation That Is Willing To Use Credit Card On Islamic Base And Accordingly To Enrich Our Customer Base .
Baraka Islamic Credit Card Terms & Conditions:
- Baraka Credit Islamic Card Is Complying With Sharia Rules.
- No Debit Interest Applied On the Outstanding Balance
- No over Limit Fees
- No Late Charges Fees
Baraka Islamic Credit Card Fees
Item |
Basic Card |
Supplementary Card |
|
Issuance Fees |
100 LE |
75 LE |
Annual Fees |
75 LE |
50 LE |
|
Renewal Fees(Every 3 Years) |
100 LE |
75 LE |
|
Monthly Statement Fees |
3 LE |
3 LE |
|
Cash Advance fees Locally |
2% Minimum 25 LE |
|
Cash Advance fees Internationally |
3 % + 60 LE |
|
Account Management Fees |
- 5 LE for First 500 LE
- 11 LE for Every 500 LE After First 500
|
|
Replacement PIN Fees |
25 LE |
|
Replacement Card Fees |
50 LE |
|
Mark Up Fees |
3 % |
|
|
Criteria and the Required Documentations
- ACompleted Singed Application Form.
- Egyptian Nationalities
- A Signed Investigation Form for (I-Score)
- A Clear Copy of National ID with Current Job Position.
- Utility Bills for Last Two Months (Electricity/ Water / Gas)
- Salary Certificate Admitted By Authorized Signatory from the Company/Organization.
Last Updated: 22/01/2017