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Frequently Asked Questions>Accounts>Be U Al-Awfar>What is Be U Al-Awfar?

Articles in this section

  • •What is the difference between Be U Al-Awfar and Be U Qard Savings Account-i (QSA)?
  • •What is Be U Al-Awfar?

What is Be U Al-Awfar?

Be U Al-Awfar is a Transactional Investment Account based on the Mudarabah (profit-sharing) concept offered by Be U. Under this arrangement, funds deposited by customers are invested by the Bank in Shariah-compliant investments, and any profit generated is shared between the Bank and the investment account holders based on a pre-agreed profit-sharing ratio.
 
With a minimum investment of RM100, customers also stand a chance to win cash prizes and grand prizes.
 
You may refer to the Be U Al-Awfar Terms and Conditions available on the Be U website (https://www.getbeu.com/) for more details.

Related Articles

  • •What is the difference between Be U Al-Awfar and Be U Qard Savings Account-i (QSA)?

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