Investment Accounts (Deposits)
Are you planning to start to put aside part of your income to secure your and of your loved ones' future? Do you want to be an investor in your local community, and need a trusted partner? Do you possess money and want to earn a Reba-free and Halal return?
In his quest to provide financial alternatives that comply with Islamic law (Sharia), The Lebanese Islamic Bank S.A.L., the first licensed Islamic Bank in Lebanon, offers you the chance to earn a Reba-free and Halal return as an Investment Account Holder (IAH).
By being an Investment Account Holder, you are entitled to earn a predetermined share from profits generated by LIB totally Sharia compliant banking and investment activities.
As an investor you have the choice between a Restricted Investment Account and Unrestricted Investment Account.
As a Restricted Investment Account Holder, your funds will be specifically utilized to fund a particular project of your choice, presented to you by the bank. In return, you will be entitled to a percentage share of the investments income.
As an Unrestricted Investment Account Holder, your funds will be placed in general bank's pool of Sharia compliant banking activities. In return, you will be entitled to a percentage share of the investments' income, distributed at the end of each period.
Features & Benefits
- 100% Sharia compliant saving plan.
- Reba and interest free account.
- Very competitive return rates.
Eligibility & Required Documents
- Minimum amount: USD 5,000 or LBP 5,000,000
- Investment Period: six months or 1 year, renewable.
- Copy of ID or passport.
- Completion of Investment Account opening form.
How To Apply
To be an investment account holder, kindly fill out the online application, or visit a branch of Lebanese Islamic Bank S.A.L., or call us at 01-755310/1/2/3