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Rasheed Bank proceed with the work of Islamic banking with citizens
01/08/2013
BAGHDAD / JD / .. A source at the branch assets Islamic Bank rational for direct branch work of Islamic banking and start trading them with citizens.
said the source told / JD /: that the activities section include the purchase of houses and cars for citizens, within the contexts of Islamic Sharia-based principle of Murabaha in this area.
explained: that the bank is mediating in buying houses to citizens in a way installment for 10 years, after it has been agreed with the seller and determine the price through a committee formed in the bank for this purpose, noting: that the house remains back to the bank until the payment of the last installment. And mechanism buy cars for citizens.
between the source: the bank select controls to buy cars, saloons and taxis, is asking the customer who wants to buy the car Bkival guarantor to be a government employee, as well as payment of 15% of the value of the car be paid in advance to the bank directly. He added: that the experience of Islamic banking government, new in Iraq, and implemented for the first time banking and financial respond to the wishes of a lot of dealers in the financial sector who aspire to deal with banks subject to controls legitimacy, pointing to send a number of staff in the training course to Jordan in this regard .
was Rasheed Bank announced the opening of a branch of Islamic assets in Wathba Square in Baghdad, one of the three branches opened by the bank in Baghdad, Basra and Najaf within the Plan of Action Islamic popups. Referred to the mechanisms of action of these windows will depend on the Islamic banking system depends Islamic law, does not depend comprehensive banking method adopted in the banking industry.
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01/08/2013
BAGHDAD / JD / .. A source at the branch assets Islamic Bank rational for direct branch work of Islamic banking and start trading them with citizens.
said the source told / JD /: that the activities section include the purchase of houses and cars for citizens, within the contexts of Islamic Sharia-based principle of Murabaha in this area.
explained: that the bank is mediating in buying houses to citizens in a way installment for 10 years, after it has been agreed with the seller and determine the price through a committee formed in the bank for this purpose, noting: that the house remains back to the bank until the payment of the last installment. And mechanism buy cars for citizens.
between the source: the bank select controls to buy cars, saloons and taxis, is asking the customer who wants to buy the car Bkival guarantor to be a government employee, as well as payment of 15% of the value of the car be paid in advance to the bank directly. He added: that the experience of Islamic banking government, new in Iraq, and implemented for the first time banking and financial respond to the wishes of a lot of dealers in the financial sector who aspire to deal with banks subject to controls legitimacy, pointing to send a number of staff in the training course to Jordan in this regard .
was Rasheed Bank announced the opening of a branch of Islamic assets in Wathba Square in Baghdad, one of the three branches opened by the bank in Baghdad, Basra and Najaf within the Plan of Action Islamic popups. Referred to the mechanisms of action of these windows will depend on the Islamic banking system depends Islamic law, does not depend comprehensive banking method adopted in the banking industry.
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