Non-Profit Current Account — Al Baraka Bank Egypt | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 2 Nov 2026
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Islamic

Non-Profit Current Account

Al Baraka Bank Egypt · Current accounts · Islamic · Egyptian Pound · 2.0 · Monday 19 October 2026 - 09:27 PM

Al Baraka Bank’s current account offers convenient banking services for individuals and companies without returns.

Min. opening deposit
EGP 2,000
Monthly fee
EGP 40

The account

Min. opening deposit
EGP 2,000
Overdraft allowed
No

Fees

Opening fee
EGP 150
Monthly fee
EGP 40
Quarterly fee
EGP 0
Annual fee
EGP 0
Below-minimum fee
EGP 0
Dormant account fee
EGP 50
Statement fee
EGP 175
Cheque book fee
EGP 15
Cheques per book
1
Returned cheque fee
EGP 80

Services

Cheque book Debit card Online banking Mobile banking

Eligibility

Joint account
No
Minor account
No
Open to foreigners
Yes
Required documents
National ID CopyPassport CopyLease Contract or Ownership Proof

Our take 2.0

2.0 Banky rating

Pros

  • Issuance of a debit card.
  • Quarterly account statements.
  • Possibility of issuing a cheque book.

Cons

  • The account does not earn any returns on the balance.

Our take

The Non-Profit Current Account offered by Al Baraka Bank is a suitable banking solution for individuals and companies seeking flexibility and convenience in managing their funds. The account offers several benefits, including the issuance of a debit card for cash withdrawals and purchases, quarterly account statements to monitor financial transactions, and the possibility of issuing a cheque book, subject to the bank’s terms and conditions. Customers can also access and manage their accounts through the Internet Banking service, making banking transactions easier and more convenient. Overall, this account is a practical option for customers who need a flexible and secure way to manage their daily financial transactions without earning interest or returns on their account balance.

Al Baraka Bank’s current account offers convenient banking services for individuals and companies without returns.

Compare

Alternatives at a glance
Non-Profit Current Account Al Baraka Bank Egypt This one Current Account Abu Dhabi Islamic Bank Egypt Current Account Kuwait Finance House Egypt Islamic Current Account Egbank
Min. opening deposit
EGP 2,000 EGP 5,000 EGP 5,000 EGP 5,000
Monthly fee
EGP 40 EGP 600 Yearly feeEGP 700 Yearly feeEGP 1,200 Yearly fee
Compare with 3 similar current accounts

Added Wednesday 09 September 2026 - 02:03 AM Updated Monday 19 October 2026 - 09:37 PM