Al Arafah Islami Bank is a private commercial Bank which is operated from 1995. Al-Arafah Islami Bank is maintained by some Islamic religious people. It’s short name is “AIBL”, all the services and products are in compliance with Islamic Laws (Shariah). Some of it’s main features are as follows:
Deposit Schemes: There are several deposit schemes running on Al-Arafah Islami Bank limited. Here are the list of some deposit schemes of Al-Arafah Islami Bank Limited.
- Mudaraba Short Notice Deposit
- Mudaraba Term Deposit
- Monthly Profit Based Term Deposit
- Monthly Installment Based Term Deposit
- Al-Arafa Monthly Hajj Deposit
- Al-Arafa Termed Hajj Deposit
- Foreign Trade
- Construction and Housing
Please Note: Today is 6/1/2012, I tried to visit Al-Arafah Islami Bank website. It seems they are having some issues on their website at this moment (5.40 pm).