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The
city Bank Limited started its Islamic Banking operation by opening
its first Islamic Banking Branch at 9/H, Motijheel C/A, Dhaka. The
salient features of Islamic Banking are as under :
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To
conduct all its activities as per Islamic Shariah. |
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To
conduct its monetary matters free of interest. |
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To
establish banker-customer relationship on the basis of partnership. |
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To
follow Islamic principle in all its investment port-folio. |
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To
develop living standard of the poor incoming group. |
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To
render excellent services to the clients cordially. |
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To
conduct welfare related activities to the people. |
Islamic Branch of The City Bank Limited conduct
the following activities:
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Deposit. |
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Investment. |
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Foreign
Exchange and International Trade |
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Other
Service |
Deposit:
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Al-Wadiah
Current Deposit Account |
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Mudaraba
Savings Deposit Account |
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Mudaraba
Term Deposit Receipt |
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Mudaraba
Short Notice Deposit Account |
Investment:
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Murabaha
(Cost-Plus Sale) |
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Bai-e-Muazzal
(Sales Under Deferred Payment) |
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Bai-e-Salam
(Forward Purchase) |
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Ezara
(Leasing) |
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Hire
Purchase |
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Direct
Investment |
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Quard |
Foreign Exchange and International Trade:
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Import
Business |
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Export
Business |
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Remittance |
Other Services:
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Receipt
Payment of different bills of clients, collection of cheques,
execution of standing instructions, Issuance of Bank Guarantee,
Quard, etc. |
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For further query please contact:
Islamic Banking Branch
9/H, Motijheel C/A
Dhaka-1000
Phone: 7171884, 7176827
Mobile: 011-806275
Swift: CIBLBDDH |
Highlights
