DUBAI, United Arab Emirates, Aug. 28, 2024 (GLOBE NEWSWIRE) — amana, a leading online trading platform in the Middle East, has launched a new benefit for its retail clients: amanaEARN: a 4.5% interest rate on all free margin in their accounts, calculated daily and paid directly into client accounts every month.
Unlike traditional bank fixed deposits that typically require a lock-in period, amana allows customers to earn 4.5% on idle funds with no strings attached, offering both flexibility and financial growth potential. Customers can invest and trade freely through the amana trading app, knowing that even cash not actively in the market will earn interest.
“This offering sets amana apart from the competition. Not only do our clients have access to various markets and assets, including free MENA stocks and over 100 crypto coins, but they can now also earn interest on their idle cash. By keeping cash ready in their account, clients can act quickly when a market opportunity for trading or investing arises, and now they also earn interest on that cash while they wait for that opportunity. This is a game changer for anyone serious about maximizing their investment potential,” said Muhammad Rasoul, CEO of amana.
“We always strive to provide our customers with unmatched financial benefits. I am confident that this new interest rate offering puts us in a strong position against regional banks and competitors and makes it financially sensible to choose amana for both investing and trading.”
This initiative underscores Amana’s commitment to providing unmatched financial benefits to its customers and positioning the company as a market leader in the region. By adding significant value to its financial services offering, Amana aims to further increase customer acquisition and retention.
All of Amana’s direct retail customers are automatically enrolled in this program, so the benefits are seamless and hassle-free (customers who do not wish to receive interest can easily opt out).
For more information, visit the amana website.
About amana
amana is a leading neobroker. It offers retail investors and active traders direct access to the global financial markets and serves clients across the MENA region. It has multiple offices in Dubai, London, Limassol and Beirut.
www.amana.app
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5ee41602-c174-4cff-aa2b-9290308d740a
