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Islamic Banking


BLOM DEVELOPMENT BANK (BDB) covers the whole spectrum of banking services including the acceptance of deposits and the provision of various Islamic financing solutions in the form of Murabaha, Ijara, Tawaruk, Forward Lease, Wakala and Istisna’a.

Deposit accounts:

Current account, Investment accounts (Restricted and Unrestricted)

Trade finance services:

  • Import Letter of Credit:
    - Standard L/C (Without client financing)
    - Murabaha L/C (With client financing)
    - Wakala L/C (Hybrid L/C with client financing)
  • Export Letter of credit.
  • Bills of collection (B/C):
    - Standard B/C (Without client financing)
    - Murabaha B/C (With client financing)
    - Letters of guarantee.
  • Wakala:To back up your purchase needs when the deliverables are deferred in time.

Fixed assets:

durable goods and SME financing

Investment banking:

Sharia compliant investment vehicles

Takaful:

insurance for Cars, Industries, and bank Takaful for family.

Retail financing:

Financing vehicles, household appliances and electrical and electronic equipments.

Housing financing:

Unique in Lebanon, BDB offers a 25 years sharia compliant Housing financing.

For more info, visit www.blomdevelopment.com  

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Delivery Channels
LebanonCyprusJordanFranceUAEUnited KingdomRomaniaSwitzerlandSyriaEgyptSaudi ArabiaQatar
List of Banks No. 14. Copyright 2013 BLOM BANK. All rights reserved.