SIB provides a wide range of services and banking solutions for retail and small business clients. These services are developed to meet the clients’ changing needs and demands. The services are also developed in accordance with banking latest and best practices. All SIB services are sharia complaint and can be reached at our branches and ATMs
This account makes it easier and to manage your financial transactions. The account is simply based on the concept of call accounts and pay no profits. It is an optimal alternative to start banking with SIB
Anytime cash withdrawal form SIB’s ATM network or global ATM network that amounts to 1 million ATM around the world. The client is entitled to miscellaneous free of charge services as follows:
Apply now at nearest SIB branch in Yemen
SIB Terms and conditions apply
Minimum Opening Balance for this account is YER 3000
Apply now at SIB nearest Branch in Yemen
Bank terms and conditions apply
This account brings ease of mind in investing one’s surpluses. It generates considerable profits as SIB undertakes the unrestricted Mudarabah in which returns and losses are shared between the bank and the client. Account accruals are calculated after 3 months of placement date.
This account brings ease of mind in investing one’s surpluses. It generates considerable profits as the SIB undertakes the unrestricted Mudarabah in which returns and losses are shared between the bank and its clients. The tenor of the deposit is 1 or 3 to 5 years.
SIB Terms and Conditions apply
An investment instrument in which funds are pooled by open underwriting to be invested inside and outside Yemen. The investment is chosen carefully to achieve the goals and aspirations of the customers and are arranged around the concept of restricted Mudarabah. This vehicle is suitable for investors who are inexperienced in investing their surpluses. This type of investment is known for generating competitive profits comparing to those in traditional investing.
This is an investing account built around the concept of Mudaraba or Wakala. It enables the client to invest their fund surpluses in a predefined deals declared by the bank or named by the bank.