At Al Yusr, we understand your business needs and always aim for smooth and steady relationships. We have a strong presence in Oman through our parent bank since the early 1970s and have grown into an award-winning financial institution.
We are now building on this legacy with our wide range of Shari’a compliant Small and Medium Enterprises (SME) Banking products and services designed to cater for the day to day banking needs of your business organization.
Our dedicated Commercial & SME Banking team combines Shari’a expertise with strong business acumen to offer you the best of both worlds – a comprehensive range of banking services at an international standard, as well as wide variety of Shari’a compliant products and services.
The products are specially designed to meet your business needs by drawing on best practice in other markets and tailoring what we offer to the Omani context. The products are based on well-known Shari’a contracts, such as Murabaha, Ijarah, Mudarabah, etc.
With the flexibility and convenience of day-to-day financial transactions, Al Yusr gives you all the convenience your business would expect from a conventional current account, but with the added reassurance of Shari’a compliance.
Are you interested in maximizing the idle fund of your organization in secure and profit bearing investment products? If so, we offer a variety of tenors, attractive return and the reassurance that you are observing Islamic values.
Al Yusr allows you to access short-term financing for the goods your business needs to purchase making it ideal for facilitating your short-term financing needs.
Al Yusr Term Finance lets you purchase the plant, equipment machinery and other relevant assets needed to set-up or expand your business, safe in the knowledge that you’re observing the tenets of your religion.
Al Yusr Commercial Real Estate Finance
Al Yusr Commercial Real Estate Finance offers Shari’a Complaint financing solution for the commercial real estate projects.
Al Yusr commercial Vehicle Finance gives your business the head start you want, the shari’a compliant way. Whether it is cars, trucks, bulldozers or any type of vehicles, we finance them all and help your business grow.
Al Yusr Trade Finance Services
Al Yusr Trade Finance Services offers you a range of Shari’a compliant trade finance solutions for your business needs. Our Trade Finance Service is comprised of the following products:
Al Yusr Murabaha Import Letter of Credit
A Shari’a compliant Letter of Credit based on the Shari’a concept of Murabaha where we purchase the goods under the “Letter of Credit” upon the request of the customer (LC Applicant) and then sell the goods to the customer by disclosing its cost price with an agreed profit amount added to the cost price.
Al Yusr Kafala
A Shari’a compliant Letter of Guarantee based on the Shari’a concept of Kafala. Al Yusr kafala is a written undertaking issued by Al Yusr on behalf of its customer to the beneficiary that meets the business needs of our customers without compromising their religious beliefs.