Any commodity or good can be purchased and resold according to the Principles of Islamic Shariah - Al Salam Bank is prepared to buy them for you through the Commodity and Goods Murabaha Sales..

Main features of the Commodities and Goods Murabaha Sales:

Finance through an Islamic Shariah method that is based on riba-free selling and purchasing

Fixed profit rate which is not subject to any increase following the signing of the agreement.

How to Apply?

Consumer Goods:

1. Original passport and a copy duly attested
2. Quotation from supplier of the required goods to be in the name of the bank
3. Transfer of salary of both customer and guarantor
4. Repayment at pre-determined period

Commercial Goods for Corporations:

1. Valid trade license.
2. Appropriate guarantee e.g. transferred salaries, blocking of deposits etc.

Please Note: Finance transaction is approved subject to banks approval policy.

Point of delivery of Service:

At all our branches