Open a Modaraba Account in Minutes | Ithmaar Bank, Bahrain

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SME Finance

Ijara

Ijara is an agreement whereby the Bank purchases
an assets on the promise of leasing by the customer...

HOW TO APPLY

International Banking & TREASURY

This is one of the key Divisions of Ithmaar Bank,
contributing significantly to the Bank’s assets...

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Morabaha

‘Morabaha’, a term in Islamic Fiqh,
refers to commercial transactions

HOW TO APPLY
  • SME
    Finance
  • IJARA
    ACCOUNT
  • BANKING
    & TREASURY
  • MORABAHA
    ACCOUNT
Asset Management

Asset Management plays a vital role in managing the Bank’s financial investments, funds and monitoring its proprietary investments. Previously focused on investment and acquisition, its primary objective now is to ensure that the Bank’s assets and funds are properly managed and value is preserved. The Division’s goal is to protect and enhance the values of the assets, and to identify divestment opportunities. The portfolio under the division’s management is about US $1.3 billion, diversified sectorally and geographically.
Fund Performance – Statistics & Reports

Ways to Bank
 
 
CALL US 13 303030
Ithmaar Premier

A banking experience like no other. Celebrate your achievements with a banking experience suited to your level of success. Introducing Ithmaar Premier Banking. More than just a superior bank account, Ithmaar Premier delivers a full compliment of products and services to cover all your financial requirements, with enhanced features and privileges that match your status.
Visit Ithmaar Premier Webpage

Products & Services
  • Premier Debit Card
  • World Credit Card
  • Personal Relationship Manager
  • Premier Chequebook
  • Preferential fees and charges
 
 
CALL US 13 303030
Modaraba Account
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FINANCING CALCULATOR

Kindly use the below calculator to find out the maximum financing amount you are eligible for:

BD
Salaried Bahraini
Salaried Expatriate
Retired
GCC National




RESET

DISCLAIMER

The amount mentioned is for indicative purpose only. The final finance amount is subject to the documents submitted and final bank approval.

business-modaraba-account

Sharia-compliant investment solutions to grow your savings and prepare for your future.

Our Modaraba savings options are designed to help you reach your goals whatever the circumstances. And we never forget where your morals and principles lie.

Ithmaar Bank’s Modaraba offerings are safe, rewarding and Sharia-compliant solutions to growing your savings and preparing for your future.

Required Documents

INDIVIDUALS

Smart Card and, for non-Bahrainis, Passport.

To open a Current Account, a salary certificate or pay slip is also required, demonstrating a minimum salary of BD500 for Bahrainis and BD800 for non-Bahrainis.

SOLE PROPRIETORSHIP

Smart Card and, for non-Bahrainis, Passport.

Valid Commercial Registration (CR).

Latest audited financials.

Filled application form.

CORPORATE ACCOUNT

Smart Card and, for non-Bahrainis, Passport of authorised signatories.

Valid Commercial Registration (CR).

Board Resolution.

Memorandum of Association.

Articles of Association.

Latest audited financials.

Filled application form.

NON-PROFIT ORGANIZATION

Smart Card and, for non-Bahrainis, Passport of authorised signatories.

Approval of the concerned governmental authority.

Memorandum of Association.

Articles of Association.

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