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Sukuk Trading Services: AHB executes the customer’s order for purchase and sale of Sukuk and provides a custody service against a fee. This offering provides AHB clients with an opportunity to invest into Shariah compliant capital market instrument “Sukuk”.
Murabaha is a Shariah compliant sale where the seller (in this case Al Hilal Bank) discloses the actual cost incurred in acquiring Sukuk then sells these to the buyer (in this case Al Hilal Bank customer) for an agreed profit. The buyer is aware of the cost and profit charged.
- Minimum salary requirement of AED 5,000
- A valid passport
- Residence visa page (as applicable)
- Latest 6 months bank statements
- Any other additional documentation which may be required thereafter according to the Al Hilal Bank policies and procedure
Click here to view Shariah Certificate
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