LB Finance unveils Al-Wadi’ah Gold Safekeeping

Tuesday, 20 August 2024 00:04 - - {{hitsCtrl.values.hits}}

LB Finance has announced the launch of its latest innovative product, Al-Wadi’ah LB Gold Safekeeping.

This unique service offers our valued customers a secure and cost-effective solution for safeguarding their precious gold articles, adhering to Islamic financial principles.

With Al-Wadi’ah LB Gold Safekeeping, customers can bring their gold articles to any LB Finance branch, where they will be kept in our state-of-the-art vaults. We offer competitive safekeeping charges based on the value of the article and the duration of storage. Customers will receive a certificate of safekeeping, ensuring peace of mind and transparency.

One of the most exciting features of Al-Wadi’ah LB Gold Safekeeping is the ability for customers to pledge their certificate and avail themselves of an interest-free cash advance of up to 80% of its value. This facility is particularly beneficial for our customers who seek Sharia-compliant financial solutions. At LB Finance, we are committed to offering products that cater to the diverse needs of our clientele.

Al-Wadi’ah LB Gold Safekeeping is available across our extensive network of branches, which are open from Monday to Saturday until 5:30 p.m. This widespread availability ensures that customers can easily access our services at their convenience.

Our product is monitored by an experienced and qualified Sharia Supervisory Board, guaranteeing compliance with Islamic financial principles. Additionally, all gold articles stored under Al-Wadi’ah LB Gold Safekeeping are covered by Takaful insurance, providing an extra layer of security and assurance to our customers.

LB Finance invites all customers to experience the peace of mind that comes with Al-Wadi’ah LB Gold Safekeeping. “With the lowest safekeeping charges in the market, an optional interest-free cash advance facility for the certificate, and comprehensive insurance coverage, we offer an unparalleled service designed to meet your needs,” LB Finance added.