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Exchange rate1 USD = 51.21 EGP عربي

SUKUK AL-KHAIR IN USD CD

The certificate is compatible with the principles of Islamic law Terms of 3 years

EligibilityIndividuals
CurrencyUSD
Minimum Amount5,000 USD

Profit Rates

The amount, Interest rate and the periodicity of its exchange
The amount	Interest rate and the periodicity of its exchange
One thousand Dollars and its multiples (with a minimum of 5,000 USD)	4.50% annually and paid monthly

Redemption conditions

Skuk el Khair USD Certificate may be prematurely redeemed after the first 6 months, according to the redemption rules announced at SC Bank
From the 7th to the 12th month: Interest waiver
During the second year: the discount rate of the annual return rate applied to the Sukuk Al-Khair certificate is 1.5%
During the third year: the discount rate of the annual return rate applied to the sukuk al-khair certificate is 1%

Required Documents

For existing customers, request issuance of Sukuk El khair in USD certificate of deposit
For new clients, documents for account opening, in addition to a request for issuing Sukuk El khair in USD certificate of deposit
* Other documents may be requested