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Islamic Finance Briefing - Categorized | Banking, Market Moves more

IBQ Islamic unveils ‘Young Saver Account’

Posted on 18 January 2011

From Gulf-times.com: In line with its commitment to develop innovative and modern banking solutions, Al Yusr Islamic Banking Service of IBQ, yesterday announced the launch of Al Yusr Islamic banking ‘Young Saver Account’ aimed at individuals under the age of 18.
Fully Shariah-compliant and working under the Mudaraba principle, the Al Yusr Islamic banking Young Saver Account features a range of benefits and features including an opening balance of QR100, quarterly revenues, an annual birthday gift and a regular savings option through free standing orders……………………………………….Full Article: Source

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