Retail Financing Service

 

Since the very beginning, Cham Bank (the first Islamic bank in Syria) has given the idea of

financing individuals special attention. Due to its importance, Cham Bank has got a specialized team with

much experience as it believes that Retail Financing (Financing individuals) would achieve the core purpose

of the Islamic Bank as a banking institution that provides banking services in accordance with the principles

of Shari’a Islamic laws. This service would also achieve the solidarity, cooperation and assisting individuals

in the community to meet their basic needs as they are the brick foundation on which the success of the bank'

is made.

 

Therefore, Cham Bank has prepared and developed some mechanisms and products for Retail Financing

(Financing individuals) to contribute in developing the society and satisfy its needs consequently to assist

in the success of the “Social- Market Economy” which is supported by the government to achieve

development and social justice among all groups and strata of society as well as for Cham Bank to be

a key partner in the economic and social advancement.

 

Services currently available:

1. Financing Vehicles (automobiles)

2. Financing Consumer Goods

 

There are also some services under preparation:

1. Mortgage

2. Ijara (Rent to own)

3. Lease services

We do welcome any ideas or suggestions thru the following link: 

 This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Contact us

Main Branch - Al Najmeh Square

Tel. : 00963-11-33919

Fax : 00963-11-3348731

P.O. Box: 33979 D

 

About us

Cham Bank, private bank in the charter of a Syrian Joint stock company, Was established on the 7th of Sep 2006 With a capital of 5 Billion Syrian Pounds (100 million USD) and registered at the Commercial Register under No.14809 dated January the 24th 2007(the 5th of Muharram 1428), and registered at the Syrian Central Bank under No. 15.

Cham Bank is the first Islamic bank in Syria to take the Islamic Sharia approach. The Bank s operations and activities (With Keeping customer’s names anonymous) are subject to the Central bank of Syria and the Islamic committee monitoring.