FNB ISLAMIC ACCOUNTS TERMS & CONDITIONSOctober 11th, 2018
FiledOctober 11th, 2018This important legal document sets out the terms & conditions that apply to all customers that have FNB Islamic accounts with FNB. These terms & conditions are governed by Islamic Law on the Qardh principle. Qardh refers to a loan where repayment is equal to the initial amount advanced with no profit or increase. This agreement forms an agreement between the account holder (“the customer”) and any account user, and FNB Islamic Bank (“FNB”), which is a business unit of FNB. (FNB is a business unit of First National Bank, which is a division of FirstRand Bank Limited.)
FNB ISLAMIC ACCOUNTS TERMS & CONDITIONSDecember 18th, 2013
FiledDecember 18th, 2013This important legal document sets out the terms & conditions that apply to all customers that have FNB Islamic accounts with FNB. These terms & conditions are governed by Islamic Law on the Mudharabah principle. This agreement forms an agreement between the account holder (“the customer”) and any account user, and FNB Islamic Bank (“FNB”), which is a business unit of FNB. (FNB is a business unit of First National Bank, which is a division of FirstRand Bank Limited.)
FNB ISLAMIC ACCOUNTS TERMS & CONDITIONSJuly 10th, 2013
FiledJuly 10th, 2013This important legal document sets out the terms & conditions that apply to all customers that have FNB Islamic accounts with FNB. These terms & conditions are governed by Islamic Law on the Qardh principle. Qardh refers to a loan where repayment is equal to the initial amount advanced with no profit or increase. This agreement forms an agreement between the account holder (“the customer”) and any account user, and FNB Islamic Bank (“FNB”), which is a business unit of FNB. (FNB is a business unit of First National Bank, which is a division of FirstRand Bank Limited.)