Banking Facilities

Safwa Islamic Bank’s Department of Corporate Banking Services offers financial facilities for medium and large businesses through a team of qualified relationship managers to provide the best financial solutions in line with Islamic Sharia teachings.

Banking Facilities Features

We offer you the best banking solutions in line with Islamic Sharia teachings to fulfil the demands of economic sectors (commercial, industrial…) of financing the working capital (raw material, merchandise…) by making the purchases from the local market or exports through letters of credit, incoming collection bonds or external transfers, and financing them in the form of Murabaha or Murabaha by Wakala in some cases, with competitive prices and conditions.

We offer you the best banking solutions in line with Islamic Sharia teachings to fulfil the demands of economic sectors (commercial, industrial…) of financing capital assets (real estate, machinery, production lines…) with the aim of increasing companies’ operational revenues by making purchases from the local market or exports through letters of credit, incoming collection bonds or external transfers, and financing them in a rent-to-own basis with competitive prices and conditions.

The best banking solutions are now within your reach, to fulfil your needs no matter what field or economic sector you work in (commerce, industry…).

Various types of letters of credit, whether by acceptance, deferred payment or transferrable, enable clients to import goods, raw material, machinery and production lines.

The bank reports and enhances acceptance and deferred payment export letters of credit

The bank issues various kinds of guarantees, including tender, performance, maintenance, down payment, payment and custom guarantees, among others.

Foreign currencies are traded on behalf of the client on a promise-to-exchange basis, with the purpose of safeguarding against exchange rate fluctuations.

Enjoy a personal platform for managing your corporate finances

Cash
Management

System

Cash
Deposit

Service

Welcome Safwa Bank clients

Set an appointment to open an account

 

    Type of account

    First name

    Last name

    National ID number

    Phone number

    Employer

    Monthly income

    Preferred branch

    Appropriate day/time to reach you