Ahli Islamic owns a unique distinction and exposure of Islamic banking which it obtains with its presence in several countries such as Bahrain, Kuwait, UK, and in Oman with the brand name Ahli Islamic. As for as comparison with the services provided by conventional banks are concerned, the main difference is that Ahli Islamic provides […]
All persons (individuals, corporate entities, firms, societies, clubs, government organizations, statutory bodies/corporations, public and private institutions, etc) are eligible to open account in Islamic banks provided they fulfill the banks’ and the regulatory authorities’ requirements.
All transaction documents are approved before signing the contracts by the Bank’s Sharia Board. The Bank has Sharia compliance department, which monitors the operations of the Bank and ensures the implementation of Fatwa and Sharia Supervisory Board’s directives. If any transaction is found as Sharia repugnant, its returns are not considered in the income of […]