Barakaat Share Capital

Islamic principle:  Musharakah Sukuk

Account Features:

1. Every member shall hold at least 50 shares of KES 100 each in category C, 100 shares of KES 100 in category B and 200 shares of 100 KES in category A.
2. Shares can be transferred to another member but not withdrawable.
3. Share transfer fee shall be paid by the buyer.
4. Profits paid according to the Shariah Compliant business.

Documentation required:

1. Membership application form.
2. Sukuk certificate.