What is different about Ahli Islamic as other banks are also offering the same services | ahli islamic

 

What is different about Ahli Islamic as other banks are also offering the same services

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 Sharia compliant products and services and in no way enters into any Sharia repugnant and interest based transaction.

Compared with other Islamic windows, Ahli Islamic is proud of its pioneering role in the world of Islamic Banking. Ahli Islamic has a full-fledged Fatwa and Sharia Supervisory Board and a Sharia Compliance Department, which are involved in structuring, documentation, vetting approval and post transaction audit of all transactions and products.

The Bank is supervised by a Fatwa and Sharia Supervisory Board, whose decisions are binding on the Bank. The Sharia Board is comprised of four members of internationally renowned Sharia scholars.