Islamic Finance House

Islamic Finance House
Private Joint Stock Company
Industry Financial services
Founded 2008 (2008)
Headquarters Abu Dhabi, United Arab Emirates.
Products Corporate Deposits
Corporate and commercial Finance
Personal finance
Islamic Covered Cards
SME finance
Investments
Islamic Finance
Website www.ifh.ae

Islamic Finance House (abrv. IFH) (Arabic: دار التمويل الاسلامي) is a subsidiary under Finance House PJSC incorporated in the Emirates of Abu Dhabi and Dubai, in the United Arab Emirates.[1][2][3]

Established on the 19th of March 2008 as a private Joint Stock Company, Islamic Finance House is licensed and regulated by the UAE Central Bank. With a focus on Islamic Finance, Islamic Finance House offers a range of Sharia compliant financial products and services that cater to both, individuals and corporations.[4][5]

Services

IFH’s service offerings are grouped into the following categories:

Corporate deposits

Includes time and wakala investment deposits, short term investment accounts and current accounts.

Corporate & commercial finance

Encompass vehicle and project/contract financing, labor guarantees(AL Rabeh), corporate covered cards, Islamic covered drawing, commodity murabaha, lease finance (Ijarah) and trade finance.

Personal finance

Entails Islamic covered cards, personal finance facilities and auto financing solutions.

SME finance

Provides a range of specifically tailored Sharia-compliant solutions for Small and Medium Enterprises.[6][7]

Investments

Financing and investment structures that include a combination of equity and multiple tiers of debt.

Board of directors

Sharia supervisory board

Composed of Islamic scholars and industry experts, Islamic Finance House’s sharia supervisory board has the following three executive members:

References

External links

Wikimedia Commons has media related to Islamic Finance House.
This article is issued from Wikipedia - version of the Friday, April 08, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.