Imam Qasim Rashid Ahmad

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.

Imam Qasim Alkhair Bank

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FAQ | Frequently Asked Questions

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:

  • Current and savings accounts
  • Home financing (Murabaha, Ijarah)
  • Personal financing (Murabaha, Ijarah)
  • Credit cards (Takaful-linked)
  • Investments (Sukuk, Mudarabah)

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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