Services

Our Services

Overview

At Asia Al Iraq Islamic Bank, we provide a range of banking solutions tailored to meet the needs of individuals, businesses, and corporations, all in accordance with Islamic Sharia principles.

Accounts & Deposits

Current Account for Companies

Manage your corporate finances efficiently with our current account, designed for businesses seeking secure and Sharia-compliant solutions.

Current Account for Individuals

A flexible account to handle your daily financial transactions while adhering to Islamic banking principles.

Savings Account for Individuals

A secure and rewarding account option that allows individuals to save and grow their wealth in a Sharia-compliant manner.

Term Deposits

Enjoy fixed returns on your deposits, with flexible terms and adherence to Islamic financial regulations.

Trade Finance

Internal and External Letters of Guarantee

We provide comprehensive guarantee services for businesses, both locally and internationally, ensuring trust and security in every transaction.

Issuing Bills of Exchange

Facilitate your international trade transactions with our efficient bill issuance services.

Documentary Credits

Ensure seamless and secure trade payments with our documentary credit solutions, tailored for businesses engaging in international trade.

Financing Solutions

Financing Small and Medium Enterprises (SMEs)

We support the growth of SMEs by offering tailored financing solutions that comply with Sharia guidelines, fostering entrepreneurship and development.

Granting Credit Facilities

Flexible and competitive credit facilities designed to meet the diverse needs of individuals and businesses, ensuring compliance with Islamic banking practices.

Murabaha by Pledging Gold Stocks

Access financing through our Murabaha arrangement by pledging gold stocks, providing you with liquidity while complying with Islamic financial rules.

Electronic Banking Services

SWIFT Service

Conduct international financial transactions swiftly and securely through our global SWIFT network.

RTGS Transactions

Real-time gross settlement (RTGS) ensures fast and efficient processing of high-value transactions.

Electronic Card Services

Manage your finances on the go with our range of electronic card services, offering convenience and security for all your banking needs.

Wage Protection System (WPS)

A secure and compliant payroll solution for businesses to disburse wages to their employees efficiently.