Cihan Bank
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Cihan Bank for Islamic Investment & Finance is a premier private Iraqi bank established in 2008. It operates under the supervision of a specialized Sharia Board, ensuring that all banking solutions and products strictly adhere to Islamic Sharia principles. Key Features & Advantages: • Sharia-Compliant Financing: All financial facilities (such as auto and real estate finance) are driven by the Islamic Murabaha principle, completely free of interest (Riba). • Advanced Digital Banking: Offers a smart mobile app enabling clients to open a bank account instantly from home without visiting a physical branch. • "MyAccount" (Hisabi) Integration: The bank is a major, trusted partner in the project for digitalizing public sector salaries in the Kurdistan Region. • Extensive Network: Features a robust infrastructure of over 12 main branches and more than 232 ATMs across Iraq. • International Card Solutions: Issues highly secure Mastercards for both individuals and corporates, providing flexible limits for online shopping and international travel.
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