Industry Financial services Headquarters Abu Dhabi Parent organization Finance House | Website www.ifh.ae Founded 19 March 2008 | |
 | ||
Type Private Joint Stock Company Products Corporate Deposits
Corporate and commercial Finance
Personal finance
Islamic Covered Cards
SME finance
Investments
Islamic Finance | ||
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.
Contents
- Services
- Corporate deposits
- Corporate commercial finance
- Personal finance
- SME finance
- Investments
- Board of directors
- Sharia supervisory board
- References
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.
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.
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: