Benefits
- Shipping guarantees issued by City Islamic are widely accepted in the shipping industry.
- A shipping guarantee can be issued on your request.
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 Shipping Guarantee related documentation, contracts and processes.
Therefore, We the “Shariah Supervisory Committee” for City Bank confirm that in our opinion the Shipping Guarantee process is in accordance with the principle of Islamic finance and hence we allow the bank to provide this products & services 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
