Home Terms & Conditions

Terms & Conditions

  • Eligibility: 6 months’ membership and not exceeding 60 years of age at the end of the last installment repayment
  • Shares Multiplier Financing (SMF)
    We finance our members four times their shares/savings contributed - (1 x 4)
  • Sureties / Collateral / Lien / Floating / Fixed charges as per Finance Act
  • Share Rider: Rs. 200.00 on each installment – Save As You Service (SAYS)


Benefits & Services

  1. Schemes to plan your budget
  2. No hidden costs/charges
  3. Profit is fixed and attractive
  4. You know Al Barakah's cost & selling price
  5. Flexible repayments
  6. Your debt never increases
  7. Salary deduction facilities for government employees
  8. Islamic customer-friendly concept


Our Reserves & Funds

  1. Statutory Reserve (According to Co-operative Act 2005)
  2. Profit Equalisation Reserve
  3. Dividend Equalisation Fund
  4. Social Takaful Fund





Upcoming Events


O ye who believe! Fear Allah, and give up what remains of your demand for usury, if ye are indeed believers.

If ye do it not take notice of war from Allah and his Apostle: but if ye turn back ye shall have your capital sums; deal not unjustly and ye shall not be dealt with unjustly.

Quran [2:278-279]