BSIC Islamic Banking Products
Simple • Ethical • Shariah-Compliant Finance
- Murabaha (Cost-Plus Financing): The bank buys an asset or goods and sells them to you at an agreed profit margin payable in instalments. No interest, price is agreed upfront.
- Musharaka (Partnership Financing): The bank and customer jointly invest in a business or project and share profits according to agreement. Profit shared, risk shared.
- Mudaraba (Investment Partnership): The bank provides capital while the customer manages the business. Profit shared; no fixed interest payments.
- Istisna’a (Construction & Project Financing): Financing used for construction or manufacturing projects delivered in the future. Ideal for contractors and developers.
- Ijara (Islamic Leasing): The bank purchases an asset and leases it to the customer for use over an agreed period. Ownership may transfer at the end of lease.
- Wadiah Savings Accounts: Shariah-compliant savings where funds are invested ethically.
- Investment Accounts: Customers invest funds with the bank to finance halal businesses and share profits generated. Ethical wealth growth without interest.
- Trade Finance (Islamic Trade Solutions): Shariah-compliant financing supporting import and export activities.
