With the launch of Al Safa Islamic Banking Branch, Commercialbank has now the potential to maximize the full advantage of the Islamic banking window license issued to offer a wide range of products and services.

Al Safa Islamic Banking enjoys substantial level of financial and administrative independence and its activities consist of Islamic financial products and services, ranging from retail and corporate banking to investment services, that have been ratified by the Sharia'a Supervisory Board.

With Al Safa Islamic Banking, customers can expect solutions to finance their basic necessities like vehicles, goods, appliances, furniture, house or real estate purchase.

Customers can also open accounts such as Current, Savings and Investment accounts with varying lock-in periods.

In addition to its head office in Salata on Salwa Road, Al Safa starts its operations with branches in Wakra, Messaieed and Al Khor.

Al Safa will continue to expand on the retail front through innovative products to meet the market demand and expansion will also be undertaken on shortly on the corporate and commercial front where the bank will offer credit facilities to corporate client.

The bank is also looking at joint syndication with leading banks in the region and is positively progressing on this front.