- Designed as a savings product towards meeting a specific goal
- Convenient & easy to open
- Target could be Hajj, Jerusalem pilgrimage, Year-end, Wedding, Specific project, etc.
- Amounts are fixed for a specific period of time or until goal reached earning a higher return than savings (Savings + 2%)
- No charges
- Free monthly e-statement and (on-demand) printed statement
- Online banking
- May be used as loan collateral
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