Everyday Wadiah Accounts and Credit Cards

Our everyday accounts operate on the Wadiah principle, which means your deposits are held in trust. This Shariah-compliant account allows you to manage your daily finances with complete peace of mind. You get all the conveniences of modern banking—such as a Visa debit card and mobile banking—without compromising your values. The bank safeguards your money, and while your funds are in our care, you can access them at any time, free from any interest-related activities.

Visa Debit and Credit Card: Use your card for daily transactions, both online and in-store. Extra fraud prevention.
Mobile Banking: Manage your account on the go with our secure mobile app.
No Interest: Your account is free from interest, aligning with Shariah principles.
Completely safe: Your money is guaranteed by a state-wide-banking-guarantee.

Savings Accounts

Grow your savings ethically with our Wakala-based savings accounts. In a Wakala agreement we make sure to invest your money in Shariah-compliant ventures. Instead of earning interest, you receive a share of the profits generated by these investments. This profit-sharing model ensures that your savings grow in a halal manner, without involving any forbidden practices like riba (interest).

Profit Sharing: Earn a share of the profits instead of interest.
Ethical Investments: Your money is invested in halal ventures, ensuring compliance with Islamic principles.
Peace of Mind: Know that your savings are growing in a way that aligns with your values.

International Money Transfers

Sending money internationally can often be stressful, with high fees and concerns about whether your funds will arrive safely. The process can be even more complicated due to strict regulations around anti-money laundering (AML) and anti-terrorism laws. At our bank, we understand these challenges, and while we operate under the necessary legal controls, we aim to make the experience as smooth and accommodating as possible.

Lower Fees: We work to minimize the costs of transferring money across borders.
Secure Transfers: Your money is handled with the utmost care, ensuring it reaches its destination safely.
Regulatory Compliance: We adhere to all AML and anti-terrorism regulations but approach the process with a more customer-friendly attitude.

Home Financing

Buy your home without interest through our Ijarah-based home finance. Under this model, the bank purchases the property you want and leases it to you over an agreed period. Instead of paying interest, you make rental payments, and over time, you gradually buy the property from the bank. This structure ensures that your home financing is free from interest, making it fully compliant with Shariah law.

Interest-Free: Your payments are rental-based, not interest-based, ensuring Shariah compliance.
Gradual Ownership: You slowly acquire ownership of the property over the lease period.
Flexible Terms: Tailor your financing plan to suit your needs, with clear, transparent agreements.

Car Financing