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Retail Banking (Murabaha)
 Salsabeel

 Salsabeel is designed to serve customers' needs for purchase or acquisition of commodities, services or real estate through installments in accordance with Islamic Shariah principles, along with the repayment of their existing indebtedness at other banks and companies using Twarruq as a legal Shariah Compliant instrument for the same.


Features

1.

Incompliance with Islamic Shariah guidelines

2.

To settle existing financial commitments to other bank under conventional contracts

3.

To unify indebtedness

4.

To apply easy and flexible installments that meets income terms

5.

Repayment - period extending to 180 months

6.

1st installment with a convenient grace period

7.
All nationalities - all job categories
 

KIB Branches