Our Banking Solution and Products are:-

1. Murabaha (profit-making contract):

It is a contract between The Bank and his customer whereby The Bank provides funds to finance the purchase of a certain goods or services at the customer request where The Bank stands as owner of the goods when pays for their costs then re sales them to his customer for a price agreed upon when signing the contract, the repayment of the total cost may be in one or more installments. The Bank, to ensure the repayment of what has paid should normally demand a security to that effect.

2. Musharaka (Partnership) :

it is a contract between The Bank and his customer whereby The Bank provides funds to finance a certain transaction in his capacity as a partner owning the transaction. The profits that arise out of the transaction will be divided according to the provisions of the contract.

3. Mudharaba (Speculation) :

it is a corporation in a project between The Bank and his customer whereby The Bank provides the capital whereas the customer provides his efforts the labor and expert. Each party will have a stake of the anticipated profit, agreed upon in advance, if the project fails the lost money will be on the part of The Bank whereas the customer will lose his labor and services rendered to the project.

4. Ejarah (Rental) :

it is a contract between The Bank and his customer whereby The Bank gives rent or lease of assets of its Owen to a customer who can exploit or operate them for his benefit throughout a period agreed upon, at the end of which the assets rented or leased will be given back to The Bank either to re rent or lease to a new customer in a similar transaction. The rental contract may be for operating assets or can be terminated with the assignment of the assets to the customer for a negotiable price.

5. Istisna’a (Industrializing ):

It is an agreement between The Bank and his customer whereby The Bank pays out the cost of the foundation and erection of a certain industrial project on behalf of his customer. Upon completion of the project, The Bank will sell it to the customer for a price agreed upon priorly.

6. Other modes of financing: Apart from the modes given above there are other modes of investment such as investment in durable or productive goods such as Equipments, tools, instruments and vehicles, the investment in Real Estates for sale or rent, the Lending of contractors, construction of projects, taking part in foundation of companies which their activities cope with the Islamic Shariea and/or processing their shares from stock exchange market also are modes of providing funds beside the normal daily banking activities.