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Islamic Banking

Islamic Banking of the BSF offers a series of Shariah-compliant products, branches and banking services, in line with Sharia principle and approved by the Sharia Committee.

Shariah Committee
  • Dr. Salah bin Fahd Al-Shalhoub (Chairman of the Shariah Committee)
    • A specialist in Islamic fiqh and an academic with over twenty years of experience in teaching and researching in the fields of Shariah sciences, Islamic finance, and economics. He is a consultant for a group of Islamic financial institutions to review contracts and products in financing, investment, cooperative insurance, Islamic bonds, and their development to enhance their Shariah and practical efficiency, and serves society through training, authoring, writing, and media participation to raise awareness of Islamic finance and banking.
  • Dr. Salem Ali Al Ali (Member of the Shariah Committee)
    • A specialist in Islamic finance law and the legal and jurisprudential issues related to the development of Islamic capital markets. He is an assistant professor in the Department of Shariah and Islamic Studies at the United Arab Emirates University and a member of the Shariah Committee in many financial institutions. He has many consultative, educational, and research contributions in the Islamic finance sector in several countries, including Saudi Arabia, the United Arab Emirates, Malaysia, and the United Kingdom.
  • Dr. Hisham bin Abdulmalik Al Al-Sheikh (Member of the Shariah Committee)
    • A professor of comparative fiqh and Shariah regulations at the Higher Institute of Judiciary at Imam Muhammad bin Saud Islamic University. He previously held the position of Shariah advisor in many financial institutions and entities. He participated in the preparation and formulation of the Shariah rulings code in the financial transactions section under the chairmanship of one of the subcommittees and then participated in the review committees for the Shariah rulings code. He has many printed publications and research in the judiciary and financial transactions field.
Islamic products:
Business
  • Murabaha Investment ( i.e Deposits )
  • Tawarruq finance
  • Murabaha Trade Finance
  • Financing of infrastructure projects
Treasury
  • A Portfolio of Islamic products specialized in the management of treasury assets in the field of hedging and investment
Tawafoq Islamic Branches:
BSF offers Islamic banking services through an integrated network of branches that spread throughout the Kingdom, to meet the needs of its customers.
Tawafoq Islamic Branches
  • 10TH STREET THUGBAH ( Mishal GS )

    Address:
    Location: 10TH STREET THUGBAH ( Mishal GS )
    Working Hours :
    District: AlThuoqbah
    Phone:
    Fax:
    City:
    Region:
    Function:
    العنوان:
    الموقع: 10TH STREET THUGBAH ( Mishal GS )
    ساعات العمل :
    الحي: AlThuoqbah
    الهاتف:
    الفاكس:
    المدينة:
    المنطقة:
    المهمة:
  • Abha

    Address: Tobija Street, 348
    Location:
    Working Hours :
    District:
    Phone: (017) 225-1052
    Fax: (017) 225-1268
    City:
    Region:
    Function:
    العنوان: Tobija Street, 348
    الموقع:
    ساعات العمل :
    الحي:
    الهاتف: (017) 225-1052
    الفاكس: (017) 225-1268
    المدينة:
    المنطقة:
    المهمة:
  • Abha Branch

    Address:
    Location:
    Working Hours :
    District:
    Phone:
    Fax:
    City: ABHA
    Region: Western
    Function:
    العنوان:
    الموقع:
    ساعات العمل :
    الحي:
    الهاتف:
    الفاكس:
    المدينة: ABHA
    المنطقة: Western
    المهمة:
  • Abha Branch

    Address: Umar Ibn Abdulaziz
    Location:
    Working Hours :
    District:
    Phone:
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    City: ABHA
    Region: Western
    Function:
    العنوان: Umar Ibn Abdulaziz
    الموقع:
    ساعات العمل :
    الحي:
    الهاتف:
    الفاكس:
    المدينة: ABHA
    المنطقة: Western
    المهمة:
  • Abha Main Branch

    Address: Umar Ibn Abdulaziz
    Location:
    Working Hours :
    District: Thirah
    Phone:
    Fax:
    City: ABHA
    Region: Western
    Function:
    العنوان: Umar Ibn Abdulaziz
    الموقع:
    ساعات العمل :
    الحي: Thirah
    الهاتف:
    الفاكس:
    المدينة: ABHA
    المنطقة: Western
    المهمة:
  • ABHA MAIN BRANCH

    Address:
    Location: ABHA MAIN BRANCH
    Working Hours :
    District: Thirah
    Phone:
    Fax:
    City:
    Region:
    Function:
    العنوان:
    الموقع: ABHA MAIN BRANCH
    ساعات العمل :
    الحي: Thirah
    الهاتف:
    الفاكس:
    المدينة:
    المنطقة:
    المهمة:
  • ABHA MAIN BRANCH

    Address:
    Location: ABHA MAIN BRANCH
    Working Hours :
    District: Thirah
    Phone:
    Fax:
    City:
    Region:
    Function:
    العنوان:
    الموقع: ABHA MAIN BRANCH
    ساعات العمل :
    الحي: Thirah
    الهاتف:
    الفاكس:
    المدينة:
    المنطقة:
    المهمة:
  • ABHA MAIN BRANCH

    Address:
    Location: ABHA MAIN BRANCH
    Working Hours :
    District: Thirah
    Phone:
    Fax:
    City:
    Region:
    Function:
    العنوان:
    الموقع: ABHA MAIN BRANCH
    ساعات العمل :
    الحي: Thirah
    الهاتف:
    الفاكس:
    المدينة:
    المنطقة:
    المهمة:
  • ABHA MAIN BRANCH

    Address:
    Location: ABHA MAIN BRANCH
    Working Hours :
    District: Thirah
    Phone:
    Fax:
    City:
    Region:
    Function:
    العنوان:
    الموقع: ABHA MAIN BRANCH
    ساعات العمل :
    الحي: Thirah
    الهاتف:
    الفاكس:
    المدينة:
    المنطقة:
    المهمة: