A Brief About Cham Bank

Cham Bank, private bank in the charter of a Syrian Joint stock company, Was established on the 7th of Sep 2006 With a capital of 6,000,000,000 Syrian Pounds and registered at the Commercial Register under No.14809 dated January the 24th 2007(the 5th of Muharram 1428), and registered at the Syrian Central Bank under No. 15.

       Cham Bank is the first Islamic bank in Syria to take the Islamic Sharia approach. The Bank s operations and activities (With Keeping customer’s names anonymous) are subject to the Central bank of Syria and the Islamic committee monitoring.
The Islamic committee representatives:

• ·         Dr. Ahmad Hasan
• ·         Dr. Abdul Bari Mahammad Meshal
•      Abd al salam Mouhammadah

    Why Islamic Bank? The Islamic Bank has legitimacy in terms of its distance from usury and its forms, and based on the principle of participation in profit and transparency in dealing. The Islamic bank invests in several economic sectors that contribute effectively in the development of the national economy.