February 23rd, 2011 | 
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Lebanese Islamic Bank offers to its customers Murabaha sale program format compatible with the provisions of Islamic law to own a property immediately and pay the price of the bank in monthly installments commensurate with their earnings and their liquidity cash. The Lebanese Islamic Bank to buy real estate determined by the esteemed clients, then sell the bank, as the owner, the real estate agents, and adds the original value of the property profit rate of the Lebanese Islamic Bank agrees with the identified customers. Dear customers and is committed to pay the monthly installments to the value of sales, which include the value of the property and sell it a profit, commensurate with their liquidity cash.
Thus, the Lebanese Islamic Bank have grossed clients bought the house in which they wish to Eskinoh Bassiolth cash, then sell this house for customers in installments, after the addition of a profit selling it, and without benefit of funding or usury. “Allah has permitted trading and forbidden usury.” The customer can buy a house to be from the Islamic Bank Lebanese through the holding of other legitimate compatible with Islamic law as a “hire-purchase,” where the bank buys the Lebanese Islamic real estate required of esteemed clients, and then be rewarded Islamic Bank of Lebanon this real estate to customers for a monthly rent for a period of time agreed between the parties. Then the ownership of real estate to customers for a price specified shall be agreed upon between the bank and the client.
Features “Murabaha sale” and “hire-purchase” of Real Estate:
- Murabaha sale program, and hire-purchase program fully compatible with the provisions of Islamic Sharia.
- Murabaha 70% of the target value of the property purchased with a maximum of $ 250 thousand dollars.
- Percentage of profit on sale of the Lebanese Islamic Bank for Real Estate is very competitive.
- Periods of payment of monthly premiums for flexible and appropriate for the liquidity cash valued customer, up to 120 months in specific cases.
- Speed in the completion of Murabaha transactions for customers when submitting the completed documents.
- Fees and low transaction fees, without additional costs.
Documents and the terms “sale of Murabaha” and “hire-purchase” of the Real Estate
- That the client has reached the age of twenty-one.
- Identity card or passport.
- That the client is an employee since at least two years, or an independent monthly income of not less than U.S. $ 1000 or its equivalent for at least three years.
- Benefiting documented salary or source of income.
- Insurance documents relating to real estate such as a copy support real estate, real estate certificate free of signs, an agreement with the landlord provides for the original price of the property.
- Salary settlement with the bank, and install a payment order for the payment of the value of bonds from the client account.
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