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