Albaraka Bank Lebanon was pioneered in response to the need for a system of banking which was in line with Islamic economic principles and in compliance with Sahriaa (Islamic Law). However, this banking system does not exclude any individual, or business from utilizing any of the products and services of Albaraka Bank.
- is based on profit or rent
- deals in assets
- is based on profit sharing on deposits and on profit on assets
The Islamic Bank Represent the real and reliable partner since he is sharing with its clients the risks and bearing with him the profits or loss