Standard Bank has introduced four Shariah-compliant deposit schemes to cater to growing customer demand and expand its service offerings. The deposit products include Nobabi – Mudaraba Millionaire Plus, Ameer – Mudaraba Kotipoti Plus, Sohojei Digun – Mudaraba Double Scheme, and Uparjon – Mudaraba Monthly Income.
These products were launched by the bank’s Managing Director and CEO, during an event at the bank’s head office. Several high-ranking officials from the bank, including Deputy Managing Director and Head of IRM, and Deputy Managing Director and Chief Operating Officer, were also present at the launch.
These new deposit schemes aim to provide customers with attractive savings and investment opportunities while adhering to Shariah principles. Standard Bank continues to diversify its offerings to meet the evolving financial needs of its customers and maintain its commitment to ethical banking practices.