Eligibility
- Al-Wadia CASA: We offer a wide range of short term deposit products catering to exclusive customized requirements of clients.
- Islamic Term deposits: Islamic Term deposit for different tenors (1 month, 3 months, 6 month & 12 month etc).
Collection & Payment Solutions
City Islamic Collections Solution leverages the Bank's extensive regional knowledge and widespread branch network across key markets to specially tailor solutions for your regional and local collection needs. Our Payment Solutions consists of the state of the art Online Banking Platform CityLive. The platform can be used to make single and bulk payment transactions and negates the use of manual instructions.
Shariah Pronouncement
﴿بسم الله الرحمن الرحيم﴾
الحمد لله رب العالمين، والصلاة والسلام على رسول الله، وعلى آله وصحبه أجمعين.
Approval of Shariah Supervisory Committee
The Shariah Supervisory Committee of City Bank has reviewed City Islamic Cash Management Products and Services documentation, related contracts and process.
Therefore, We the “Shariah Supervisory Committee” for City Bank confirm that in our opinion the “City Islamic Cash Management Products and Services” is in accordance with the principles of Islamic finance and hence we allow the bank to provide this product to its customer.
And Allah Knows Best.
_____________________
Dr. Md. Anwar Hosain Molla
Chairman
Shariah Supervisory Committee, City Bank
This certificate was signed on Tuesday 11th May 2021
