Murabaha Sales:
At Yemen Bahrain Islamic Bank, we offer Murabaha sales, which is a service based on a contract agreed upon between the bank and the customer, outlining specific terms. In this contract, the bank purchases specified goods requested by the customer, and the customer commits to purchasing those goods according to the agreed-upon profit amount at the beginning of the contract.
Our Murabaha sales service includes the following:
1. Clear Terms and Conditions: We ensure detailed and clear terms and conditions in the contract, defining the rights and obligations of both parties accurately and directly, providing transparency and trust for the customer.
2. Acquisition of Goods: We actively purchase the agreed-upon goods between the bank and the customer, based on the customer's requirements and preferences. A balanced approach is maintained in the purchasing process, considering the value of the goods and market requirements.
3. Predefined Profit Understanding: The agreed-upon profit amount is determined between the bank and the customer at the beginning of the contract, based on specific Islamic criteria and principles. The profit ratio is determined fairly and justly, ensuring the bank's compliance with Sharia principles and meeting the customer's expectations.
4. Flexibility in Repayment: We offer diverse repayment options that align with the customer's needs and financial capacity. The repayment period and installments can be determined based on the agreement between the parties, facilitating the repayment process.
Murabaha sales at Yemen Bahrain Islamic Bank represent an innovative financial solution that meets customers' needs in a Sharia-compliant and suitable manner. We constantly strive to provide exceptional and diverse banking services to achieve customer satisfaction and support their financial growth.
Lease-to-Own Financing:
At Yemen Bahrain Islamic Bank, we offer you Lease-to-Own Financing, an innovative financing service that enables you to own assets such as real estate, machinery, and others, through a leasing process with a predetermined rent for a specified period, according to agreed-upon terms between us and you.
Our Lease-to-Own Financing service includes the following:
1. Asset Ownership: We, at Yemen Bahrain Islamic Bank, own the assets you require, such as real estate and machinery, to meet your operational and investment needs.
2. Leasing with a Defined Rent: We lease the assets to you with a predetermined rent and for an agreed-upon period. This allows you to benefit from the assets without the need for full ownership at the beginning.
3. Promise of Ownership: We commit that at the end of the lease period, we will transfer ownership of the asset to you in a specified manner as per the contract. This can be done through gifting or selling it to you at a nominal price, according to the terms and details of the contract.
Lease-to-Own Financing at Yemen Bahrain Islamic Bank empowers you to benefit from essential assets for your personal and professional growth in a flexible and Sharia-compliant manner.
