SIIB

Safe Deposit Boxes

Syria international Islamic bank offers you safety and a peace of mind by keeping your valuables and important possessions safe and sound through leasing a safe deposit box.
Features and benefits of SIIB Safe deposit box:
- Safe place to store your valuables, jewelry and important documents.
- Boxes come in different sizes.
- Two keys are required to open the safe deposit box (one with the client and the other with the Bank).
- The safe deposit box can be accessed at any time during branches working hours.
- Privacy and confidentiality when accessing the box.
- Fire-proof boxes.
- Renewable annual lease contract.
Conveniently located at the following branches:
- Rawda – Damascus.
- Yafour – Damascus suburb.
- Azzizia– Aleppo.
- -Lattakia.
- Hama
- Homs

Unrestricted Investment Accounts

Saving account:
SIIB offers a saving account that provides competitive profit rates; funds deposited in saving accounts are authorized for investment by the depositor (Rabb-ul-mal) to the Bank (Mudarib) on the basis of Al- Mudarabah contract.
Features and benefits of saving account:
- Free unlimited teller transactions during the Bank's working hours.
- ATM card for accounts in Syrian Pounds.
- Access bto your account through a wide range of electronic services that include: e-banking, telephone banking, SMS banking, mobile application and USSD.
- Mobile phone bills automatic payments.
- Available in the following currencies: SYP, USD, EUR, SAR.
- The minimum balance required to open a saving account is SYP 5,000 or its equivalent in foreign currencies.
- The funds deposited in these accounts participate in investment starting from the first day of the next month following the month of deposit.
- The profits are distributed semi-annually.

Term deposit account (investment deposit)
Invest your money at SIIB for a specific period of time and obtain competitive profit rate and more flexible periods of investments.
The term deposit is an amount of money authorized for investment by the depositor (Rabb-ul-mal) to the Bank (Mudarib) on the basis of Al-Mudarabah contract.
Features and benefits of SIIB Term deposit accounts:
- Competitive profit rates.
- Flexible terms (3-6-9-12-24-36) months.
- The minimum balance required to open a term deposit account is SYP 1,000,000 - USD 1,000 – EUR 1,000 – SAR 2,000.
- The profits are distributed semi-annually.

Current Accounts

Opening a current account with SIIB is the clients' best choice for managing their transactions and financial obligations.
The current account is an on-demand account that does not share investment profits or bears its risks. The Bank may invest the current account balances and exclusively take in any profit or loss resulting from these investments.
Features and benefits of SIIB current account:
- Free unlimited teller transactions during the Bank's working hours.
- A checkbook for the owner of this account according to Bank's policy.
- ATM card for accounts in Syrian Pounds.
- Salary transfer.
- Access to your account through a wide range of electronic services that include: e-banking, telephone banking, SMS banking, mobile application and USSD.
- Mobile phone bills automatic payments.
- Available in Syrian pounds and all major currencies.
- The minimum balance required to open a current account is SYP 2,000 or its equivalent in foreign currencies