Islamic Finance
Hissabi
The credit balance in this account represents a sight benevolent loan which doesn’t produce any profit for its owner. It is a flexible and effective means to manage his financial affairs and it consists of a capital-guaranteed account paid-up on demand, bearing a monthly fee for its management... more
Ratibi
The credit balance in this account represents a sight benevolent loan which doesn’t produce any profit for its owner, and is a capital-guaranteed account paid-up on demand, bearing a monthly fee for its management. more
Thimari
It consists of unrestricted investment accounts in US dollars according to the unrestricted Mudaraba system, whereby the depositors’ funds are mixed with the bank’s funds in all the investments, on the basis of a mudaraba where the agent is a partner in the fund while the bank is a mudarib partner... more
Al Yassir
It consists of accounts restricted to investments with economic profit, offered by the bank every once in a while, and are subject to investment according to the restricted Mudaraba on the basis of a mudaraba where the agent is a partner in the fund while the bank is a mudarib partner. more
Al Sounboula
It consists of a restricted investment account, whereby the investment is in Lebanese pound, according to the restricted Mudaraba system, and the agent is the capital owner and BLOM Development Bank S.A.L. the mudarib... more