Professional

Undertaking your own professional project or propelling your existing business requires an investment fund that exceeds your budget. Therefore, it is sometimes necessary to take out a professional support that follows the principles of Islamic law (Shariah). Whether for the acquisition of new equipment, the purchase of new premises or even to invest in combined financing including both the purchase of premises and equipment, CAC ISLAMIC BANK offers you solutions adapted for the proper functioning of your business.

For your investment financing, CAC ISLAMIC BANK provides you with several products intended for professionals.

You have an entrepreneurial project or you want to boost your activity. You are a Health Professional or you exercise a Liberal Profession. Whatever the size of your company, from micro to medium, whether you are a Start-up in creation or development, For your success and prosperity CAC ISLAMIC BANK offers a variety of financing products tailored to your needs:

1 Mourabaha A’AKKAR

CAC ISLAMIC BANK’s innovative Home Finance program enables you to realize the opportunity to own your dream home through a Shari’a-compliant finance package.

2 Mourabaha renovation & Bina

Do you have a project to renovate or develop your commercial property?

Do you own a shop, an office, a warehouse or a plot of land that you want to improve and you are looking for a financing solution?

CAC ISLAMIC BANK offers you financing for the renovation or development of your property for commercial use in Tamouil Bina and in compliance with the rules of Islamic Finance. Your Customer Advisor will guide you through the process and help you choose the best option for your project.

3 Mourabaha auto

Do you want to buy a new car?

Do you want to buy a new car, or buy your child a first car?

Are you looking for suitable financing solutions?

CAC ISLAMIC BANK offers you Tamouil Sayara financing in accordance with the principles of Islamic Finance.

Your Customer Advisor will provide you with the necessary information to benefit from this financing.

4 Mourabaha pro

Here is a possible version of your paragraph for the professional segment like buying equipment for medical and equipment for architect:

Need to finance your medical equipment or architectural tools?

Do you have urgent needs?

Do you want to upgrade your clinic or studio and buy the latest devices?

CAC ISLAMIC BANK supports you in your professional growth and helps you achieve your goals and overcome your challenges by providing you with Tamouil Mochtarayet.

Your Customer Advisor will guide you through the process and help you choose the best option for your financing.

5 IJARAH-PRO

Your trusted partner for professional IJARAH. With CAC ISLAMIC BANK, you benefit from a financing tailored to your needs, a quality service and a transparent relationship.

CAC ISLAMIC BANK, it is the guarantee of a secure and profitable rental, with the possibility of buying the property at the end of the contract.

Features and Benefits

• Shari’a-compliant.
• Competitive profit margin.
• Quick approval.
• Fixed monthly installments with fully-transparent service.
• Takaful insurance large choice to make bye the client.
• Direct sales team to serve you around the clock.

Eligibility Criteria

• Transfer of salary to CAC ISLAMIC BANK.
• Employer should be a part of the list of approved companies by CAC ISLAMIC BANK.
• Acceptable personal guarantee and/or collateral.

Required Documents

• Copy of passport/ID card of the owner.
• legal file of the company or business.
• Domiciliation of the account for a minimum period of 12 months.
• Transfert of flows to our books.
• Letter of undertaking from employer as per the format of CAC ISLAMIC BANK.
• Personal financing application form provided by CAC ISLAMIC BANK.

1 Current account

Current Account what is about?

With CAC ISLAMIC BANK current account offers you a flawless banking experience, in line with the principles and rules of Islamic finance. You can easily access our ATMs and pay your bills without effort thanks to our mobile banking application. Open your account today and enjoy the benefits of a bank that respects the sharia.

Current Account (Djiboutian)

• National ID document.
• Address Proof.

Current Account (Non Djiboutian)

• Passport with valid visa or resident permit.
• Local and Permanent Address proof.

2 Saving account

Saving Account what is about?

With CAC ISLAMIC BANK’s Savings Account, the longer you save, the higher your returns. Experience the benefit of no monthly fees or minimum balance requirements, coupled with very competitive interest rates. Start your journey towards financial growth and security with our Savings Account, which is fully compliant with the sharia principles and rules.

Saving Account (Djiboutian)

• National ID document.
• Address Proof.

Saving Account (Non Djiboutian)

• Passport with valid resident permit or visa.
• Confirmation letter for his source of income for operating the account.
• Local and permanent address proof.

Investment deposit what is about?

Do you want to invest your money in a profitable and Shariah-compliant way? Choose the investment deposit product from CAC ISLAMIC BANK, the bank that respects your beliefs and needs. With this product, you benefit from a remuneration linked to the result of the investments, a transparent and ethical management, and a Shariah supervisory board.

Service Features

• Periodicity can be every (12, 18, 24…60) months as per the customer request.
• Opening a current account without a minimum balance used to deposit the interests periodically.

Terms and Documents required to obtain the service

• Application form.
• The minimum balance required to fix a deposit is 500,000 DJF.
• The Customer should open a current account and fix the deposit, the current account can be in local currency or any approved foreign currencies.

Debit Cards

At CAC ISLAMIC BANK, we understand the importance of convenient and secure access to your funds. That's why we offer the MasterCard Debit Card, a financial tool designed to provide our customers with unparalleled benefits.

Key Features and Benefits

• Customers have the freedom to load the Websurfer Card with any amount of their choice, providing a personalized and convenient approach to managing funds.
• Designed with a primary emphasis on e-commerce, the Websurfer Card facilitates effortless online transactions, making it an ideal companion for the digital age.

Requirements

• Signed application form.
• Card issuance fee is only 45$ (8010 DJF).

Credit Cards

We provide our customers with credit cards to enable them to pay for goods and services with a promise to the bank that when the monies are due, they will make good on the amount due.

The bank provides the following credit cards

• Visa Platinum Credit Card.
• MasterCard World Credit Card.
• MasterCard World Credit Card.