Yes, alburaq Personal Finance, offered by ila Bank through its Islamic banking arm, alburaq, is fully compliant with the principles and rules of Shari’a. The product is based on a Commodity Murabaha structure.

Through its Islamic banking brand, alburaq, ila Bank is committed to adhering to Shari’a principles and providing products and services that comply with Islamic banking requirements, while also meeting all applicable legal and regulatory obligations.