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Thursday 11 Mar 2010

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Products & Services

Islamic Banking

The Saudi Investment Bank (SAIB) is taking the lead to provide its customers with specially tailored Islamic products that are verified by our Shari'a Council and with the lowest cost.
We provide a number of specially designed financing plans for our corporate clients who wish to conduct their business transactions in the traditional Islamic way and make profits while complying with the Shari'a guidelines:

Murabaha Finance

This service allows corporate customers to acquire and trade in a wide range of commodities and goods from the local and overseas markets;

Istisnaa Finance

Through this means of finance, the Bank executes/manufactures an item (building, equipment, etc.) under the client's request and according to their stipulated specifications and quantities. Then, the Bank sells the item to the client through instalments against a specified profit and for a pre-determined period. This service facilitates financing of equipments, buildings, projects under construction and manufacturing facilities.

Ijaara Finance

This service allows corporate customers to lease assets from the Bank. Ownership of the assets is transferred to the client after the lease rents (inclusive of the cost of the asset and profit to the Bank) are paid in full.

Murabaha Agreement for Commodities

This service allows corporate customers to place deposits with us and earn a profit over the deposit period in compliance with Shari'a.

We offer our customers the ability to purchase their dream home, furniture, car and other items.

For more details, please contact any of our branches or call toll-free 800-124-8000 and our trained customer service staff will be glad to answer your inquiries.

Our Shari'a-compliant branches ()

Central

Buraidah

Kharj

Riyadh

Western

Jeddah

Makkah

Taif

Eastern

Ahsa

Dammam

Hafoof

Khobar

Qateef

Northern & Madinah

Madinah

Southern

Khamis Mushait

Central Region

Buraidah
0126 Buraidah Branch King Abdulaziz Road P.O. Box 533, Buraidah 51421 Tel: +966 6 3271777 Fax: +966 6 3698752 Open Saturday to Thursday


Kharj
0146 Kharj Branch King Fahad Road P.O. Box 3533, Kharj 11481 Tel: +966 1 5444033 Fax: +966 1 5444865 Open Saturday to Wednesday


Riyadh
0105 Sulaimania Branch Orubah Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 4608989 Fax: +966 1 4605997 Open Saturday to Wednesday

0107 Takhassussi Branch Takhassussi Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 2930506 Fax: +966 1 4632745 Open Saturday to Wednesday

0111 Suwaidi Branch Suwaidi Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 2676016 Fax: +966 1 4250849 Open Saturday to Wednesday

0116 Malaz Branch Omer Bin Abdulaziz Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 4771860 Fax: +966 1 2917657 Open Saturday to Wednesday		0116 Malaz Branch (For Ladies) Omer Bin Abdulaziz Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 4784570 Fax: +966 1 4763385 Open Saturday to Wednesday

0117 Shifa Branch Dyrab Road P.O. Box 3533, Riyadh 11481 Tel: +966 1 2984500 Fax: +966 1 2983254 Open Saturday to Wednesday

0118 Rawabi Branch Sa'ad Bin Abdurrahman Al-Awal Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 4921685 Fax: +966 1 2080978 Open Saturday to Wednesday

0120 Badi'ah Branch Al-Madinah Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 4182652 Fax: +966 1 4181539 Open Saturday to Wednesday

0122 Rawdah Branch Abdurrahman Al-Ghafgi Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 2084636 Fax: +966 1 2084636 Open Saturday to Wednesday

0124 Nuzha Branch Abu Baker Al-Siddeeq Road P.O. Box 3533, Riyadh 11481 Tel: +966 1 4532345 Fax: +966 1 4541708 Open Saturday to Wednesday

0127 Rayyan Branch Ahmed Bin Hanbal Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 2087580 Fax: +966 1 4932504 Open Saturday to Wednesday

0128 Ghurnatah Branch Imam Saud Bin Abdulaziz Road P.O. Box 3533, Riyadh 11481 Tel: +966 1 2494511 Fax: +966 1 2494630 Open Saturday to Wednesday

0130 Ghadeer Branch King Abdulaziz Road P.O. Box 3533, Riyadh 11481 Tel: +966 1 2759172 Fax: +966 1 2753628 Open Saturday to Wednesday

0132 Naseem Branch Hassan Bin Thabet Street P.O. Box 3533, Riyadh 11481 Tel: +966 1 2359888 Fax: +966 1 2359703 Open Saturday to Wednesday

0133 King Fahad Area Branch Al-Moghirah Bin Sho'bah Steet P.O. Box 3533, Riyadh 11481 Tel: +966 1 2291602 Fax: +966 1 2291572 Open Saturday to Wednesday

0134 Khurais Branch Khurais Road P.O. Box 3533, Riyadh 11481 Tel: +966 1 2390077 Fax: +966 1 2308740 Open Saturday to Wednesday

0137 Rahmania Branch King Abdullah Road P.O. Box 3533, Riyadh 11481 Tel: +966 1 4833048 Fax: +966 1 4834678 Open Saturday to Wednesday		0137 Rahmaniyah Branch (For Ladies) King Abdullah Road P.O. Box 3533, Riyadh 11481 Tel: +966 1 4833958 Fax: +966 1 4808766 Open Saturday to Wednesday

0138 Wadi Branch Othman Bin Affan Road P.O. Box 3533, Riyadh 11481 Tel: +966 1 2742020 Fax: +966 1 2107242 Open Saturday to Wednesday		0138 Wadi Branch (For Ladies) Othman Bin Affan Road P.O. Box 3533, Riyadh 11481 Tel: +966 1 2109207 Fax: +966 1 2107063 Open Saturday to Wednesday

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Western Region

Jeddah
0212 Malik Road Branch Malik Road, Al-Shati District P.O. Box 5577, Jeddah 21432 Tel: +966 2 6078500 Fax: +966 2 6595944 Open Saturday to Wednesday

0235 Jameah Branch Abdullah Al-Sulaiman Street P.O. Box 5577, Jeddah 21432 Tel: +966 2 6320536 Fax: +966 2 6321972 Open Saturday to Wednesday

0240 Prince Majed Road Branch Prince Majed Road P.O. Box 5577, Jeddah 21432 Tel: +966 2 6758666 Fax: +966 2 6749603 Open Saturday to Wednesday

0247 Safa Branch Prince Motaeb Street P.O. Box 5577, Jeddah 21432 Tel: +966 2 2718866 Fax: +966 2 6793824 Open Saturday to Wednesday


Makkah
0221 Makkah Branch Deyafah Street, Al-Zaahir District P.O. Box 18632, Makkah Tel: +966 2 5497321 Fax: +966 2 5497323 Open Saturday to Wednesday

0225 Aziziyah Branch Aziziyah Street P.O. Box 18632, Makkah Tel: +966 2 5591740 Fax: +966 2 5272213 Open Saturday to Wednesday		0225 Aziziyah Branch (For Ladies) Aziziyah Street P.O. Box 18632, Makkah Tel: +966 2 5593863 Fax: +966 2 5594581 Open Saturday to Wednesday


Taif
0239 Taif Branch Sheha'ar Street P.O. Box 7732, Taif 21944 Tel: +966 2 7429288 Fax: +966 2 7429566 Open Saturday to Wednesday		0239 Taif Branch (For Ladies) Sheha'ar Street P.O. Box 7732, Taif 21944 Tel: +966 2 7424020 Fax: +966 2 7427587 Open Saturday to Wednesday

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Eastern Region

Ahsa
0323 Ahsa Branch Al-Thoriat Street P.O. Box 10813, Ahsa 31982 Tel: +966 3 5824999 Fax: +966 3 5826999 Open Saturday to Wednesday


Dammam
0313 Dammam Branch Al-Ashreah Street P.O. Box 1581, Dammam 31952 Tel: +966 3 8342020 Fax: +966 3 8349111 Open Saturday to Thursday

0331 Rayyan Branch Al-Imam Ali Bin Aby Taleb P.O. Box 1581, Dammam 31952 Tel: +966 3 8423811 Fax: +966 3 8416021 Open Saturday to Wednesday

0344 Ohud Branch King Fahad Road Tel: +966 3 8183838 Fax: +966 3 8226972 Open Saturday to Wednesday


Hafoof
0342 Hafoof Branch Jameah Road P.O. Box 10813, Hafoof 31982 Tel: +966 3 5893232 Fax: +966 3 5892975 Open Saturday to Wednesday


Khobar
0303 Eastern Regional and Khobar Branch King Fahad Road P.O. Box 1581, Khobar 31952 Tel: +966 3 8827999 Fax: +966 3 8822803 Open Saturday to Thursday

0336 Qurtobah Branch Prince Sultan Street P.O. Box 1581, Khobar 31952 Tel: +966 3 8478800 Fax: +966 3 8592976 Open Saturday to Wednesday		0336 Qurtobah Branch (For Ladies) Prince Sultan Street P.O. Box 1581, Khobar 31952 Tel: +966 3 8593515 Fax: +966 3 8591606 Open Saturday to Wednesday


Qateef
0341 Qateef Branch Al-Mejadiyah, Al-Quds Street Tel: +966 3 8638999 Fax: +966 3 8631276 Open Saturday to Wednesday

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Northern & Madinah Region

Madinah
0243 Madinah Branch Second Ring Road/ King Abdullah Road Tel: +966 4 8485511 Fax: +966 4 8486548 Open Saturday to Thursday

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Southern Region

Khamis Mushait
0145 Khamis Mushait Branch Militry City Road P.O. Box 15, Khamis Mushait 61961 Tel: +966 7 2377770 Fax: +966 7 2208514 Open Saturday to Thursday

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Products & Services

Islamic Banking

Our Shari'a-compliant branches ()

Central Region

Western Region

Eastern Region

Northern & Madinah Region

Southern Region