1.       Definition:

It’s a  deposit which the applicant (Lord of the money) delegate the bank (Speculator)

to invest iton the basis ofabsolute Legitimate Speculation contract according to the already agreed terms,

and this deposit is then subject to the general Provisions of contract termsof theBanking servicesandprovisions

which are singed by the client at the time of creating the account in the bank

2.       The invested amount

The minimum value for the investment is fifty thousand Syrian Pound only and the maximum invested

amount is subject to the decisions issued by the bank management.

 3.       The beginning of the investment:

The investment begins at the next day of the deposit day

4.       Duration of the investment :

30 days.

5.       Renewal of the deposit

The duration of the deposit is renewed automatically, time and time again with the same conditions,

unless there are no instructions from the client before five days Expiry date ofthe investment period.

6.       ratio of investing the deposit:

the monthly deposit is included with in the Syrian Pound investment process with the rate of (55%),

and the remaining ratio is guaranteed  by the bank

7.       Bank Profits (Speculator):

The Speculator (the bank) gets (40%) of the netprofitachieved.

8.       Break Deposit:

A traderis not entitled tobreak thedepositbefore the expiry ofthe period of investmentordepositthe

agreedextendedautomatically, and the Bank mayin somecases,approved,andthentheclient willlose

theprofits ofthe amount withdrawnfor theinvestmentunless the bank didn't decide by his individual will


Contradictorily to grant the client part ofthese profitswill not be acommitmenton the bank, and profits

ofdepositsbroken will be shifted to the containerinvestmenton the principle ofexit

(Buying the assets of deposit according to the agreed value by the parties).

9.    Distribution of profits:

The profits of the monthly deposit will be added to the depositor account (current/savings)

at the end of the agreed period of investment deposit or the automatically extended.

  10.  monthly deposit certificate:

The bank (Speculator) grants the depositor(Lord of the money) a receipt notice of the invested amount.

11.  Speculativeexpenses:

The applicantbearsa certain percentageof the cost ofspeculation,according to

themechanismapproved by theShariah Supervisory Boardwith the necessityto

disclosethe details of theseexpensesand their componentson demand.




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.