Imam Qasim Rashid Ahmad is the founder and chairman of Al-Khair Bank. He is known for his humanitarian work and commitment to Islamic finance. Under his leadership, Al-Khair Bank has become a leading institution in ethical banking, promoting social and economic development.
Al-Khair Bank is an Islamic financial institution that operates according to Sharia principles. Its mission is to provide ethical and socially responsible financial services.
Al-Khair Bank does not charge interest (riba) on loans. Instead, it uses profit-sharing and risk-sharing mechanisms. It also avoids investing in businesses that violate Islamic principles.
Al-Khair Bank typically offers a range of Sharia-compliant products, including:
Yes, Al-Khair Bank should have a Sharia supervisory board that ensures its operations comply with Islamic law.
While most Islamic banks cater primarily to Muslims, some may also offer services to non-Muslims. It's best to check with Al-Khair Bank directly.
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