Islamic Fully Secured Finance

Fulfill your personal needs with Shariah-compliant financing solution against your current or savings account.

Features and Benefits

  • Finance amount: Minimum BDT 50,000
  • Tenure: Minimum 12 months – Maximum 60 Months
  • No compound calculation


  • Must be a citizen of Bangladesh
  • Must be above 18 years old
  • Must have current or savings account with the Bank

How does it work?

  • Customer requests Bank to buy a commodity for his/her need.
  • Bank buys the commodity from a supplier.
  • The Bank will sell the commodity to the customer with profit.
  • Customer pays the bank in future installments.
  • The Bank discloses the cost and profit to the customer.
  • Bank will take security against the financing.

Shariah Pronouncement

﴿بسم الله الرحمن الرحيم﴾

الحمد لله رب العالمين، والصلاة والسلام على رسول الله، وعلى آله وصحبه أجمعين.

All praise to Allah and May peace and blessings be upon his messenger, his family, his companions and all followers of his guidance.

Shariah Structure of the Product

  • This is a sale contract named Murabaha
  • Bank buys the product(s) for customer as per request and specification
  • Bank can take undertaking from the customer to buy the product(s)
  • Bank can appoint the customer an agent to buy the product(s) on its behalf
  • Bank must disclose the cost and mark-up to the customer during sale
  • Bank will take security against the financing

Approval of Shariah Supervisory Committee

The Shariah Supervisory Committee of City Bank has reviewed Murabaha Fully Secured Finance documentation, related contracts and process.

Therefore, We the “Shariah Supervisory Committee” for City Bank confirm that in our opinion the “Murabaha Fully Secured Finance” is in accordance with the Murabaha principle 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
Shariah Supervisory Committee, City Bank

This certificate was signed on Tuesday 11th May 2021


Islamic Personal Finance is based on Islamic sale contract Murabaha (Cost plus profit).