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Islamic Banking
                                     
BMA provides Islamic banking services according to Shariah law for their                  customers to develop their economic condition in a better way.

Islamic Banking

Islamic Banking Vision

To be a leading institution in Afghanistan providing banking solutions for customers’ needs. And to improve quality of financial services through facilitation and implementation Shariah principles.

Islamic Banking Mission

To be the most recognized Islamic bank offering value added products and services to the customers within the bounds of Shariah through an organizational culture based on learning, fairness and respect. To do so, we seek to employ the best available human resources to apply the highest professional, moral and ethical standards. 

Objectives of Islamic Banking, Bank e Millie Afghan

  • Providing banking services according to Shariah law.
  • Opportunity for Opening Current Accounts and Deposit Accounts according to the principles of  Islamic jurisprudence
  • Availability of loans according Shariah standards.
  • Employment facilities for those having business experiences with no financial resources.

Islamic Banking Products (Bank-e-Millie Afghan):

  • Qarda-e-Hasana (Current Account)
  • Murabahah ( buy and resale)
  • Mudarabah ( Partnership)
  • Musharakah (Jointly undertaking the services)
  • Diminishing Musharakah
  • Ijarah (Leasing)
  • Istisna (Manufacturing)

Client Eligibility and Terms:

  • Attendance of legal age
  • Minimum deposit for opening Qarda Hasana (current account) is Afs 2500 or USD / Euro 100
  • For opening a Mudarabah account, the amount should be Afs 20000 or USD / Euro 500
  • Copy of ID card (Tazkirah) or passport
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