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Tijara Current Account
Truly Halal and Absolutely Shari'ah Compliant!

Every businessman desires to have the opportunity to maintain his or her account in a secure and stable bank. It needs to be in line with your desire to stay away from interest-based options and be totally Riba-Free. As a step towards our mission of providing a one-stop shop, innovative, value-added products to our customers, Gulf African Bank is pleased to offer Riba-Free Tijara Current Account, a flexible account for business people looking for Shari'ah compliant banking and professionalism under one roof.

Features
  • Opening balance of Kshs 1,000
  • Single fee of Kshs 350
  • Ledger fee of Kshs 30 per transaction
Benefits
  • Personalized service
  • Hassle free banking
  • Convenient banking in a fully Shari'ah compliant bank
  • Cash handling fee 0.125% for amounts above Kshs 1,000,000 per day
  • No hidden charges
  • Access to all our business finance and investment products
  • Relationship banking
  • First cheque book offered for free of charge
  • Dedicated banking hours weekdays from 9am to 4pm (Saturday 9am to 1pm)
Requirements
  • A copy of PIN certificate
  • Copy of ID/Passport/Alien certificate
  • Copy of certificate of registration (sole proprietorship or partnership)
  • Two recent passport sized photographs
  • Introduction letter from a person operating a valid account or copy of latest utility bill/proof of residence
  • Copy of proprietor's PIN certificate
For a limited company:
  • Certified copy of memorandum and articles of association together with certificate of incorporation
  • Board resolution /mandate authorizing the opening of the account
  • Two passport sized photographs for teh authorized signatories
  • Copy of company PIN certificate
 
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