Zakah

Zakah is one of the basic pillars of Islam it’s a form of redistribution of wealth from have to have -not community of our society. Zakah is indispensable as it eases the economic hardship of other needy individuals.

IBS calculates zakah after the end of the financial year and pays to areas approved by our Shari’ah Board. Besides Zakah, IBS engages in Sadaqah and other charity activities and spending to different noble ways such as scholarship for underpriviliged students

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Email - info@ibsbank.so
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