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Rating Index

Pros

Sharia-compliant financial products that cater to clients seeking Islamic banking solutions.
Comprehensive customer education resources that enhance financial literacy and understanding of banking services.
Multi-channel customer support available through email, phone, and a dedicated call center.

Cons

Lack of regulatory oversight raises concerns about the security and reliability of the broker.
Potential safety and security issues regarding funds, as there are limited avenues for dispute resolution.
Limited international presence, which may not appeal to clients seeking global trading opportunities.

SIBL broker Accounts

SIBL Account Type

Social Islami Bank Limited (SIBL) offers various types of accounts to cater to different customer needs, including:

  • Islamic Auto and Home Finance Accounts: Designed for customers seeking Sharia-compliant financing options for purchasing vehicles or homes.
  • Consumer Finance Options: Accounts that provide various financing solutions for personal needs.
  • Investment Products for Students: Tailored accounts to help students save and invest for their educational expenses.
  • Savings and Term Deposits: Accounts that offer competitive interest rates for saving and fixed deposit schemes.
  • Cards: Including Visa Islamic credit and gift cards for convenient transactions.
  • International Remittance Services: Accounts that facilitate easy and secure money transfers internationally.
  • School Banking Accounts: Specifically designed for students to encourage savings from a young age.
  • Internet and Agent Banking: Digital banking solutions for convenient access to banking services.
  • SIBL Broker Account Opening Process

    To open an account with SIBL, follow these steps:

    • Visit the SIBL Website: Go to the official SIBL website.
    • Digital Banking Section: Click on the “Digital Banking” button prominently displayed on the homepage.
    • Select User Type: Choose between “Retail User” or “Corporate User” based on your needs.
    • Registration: Fill out the registration form available on the website.
    • Account Login Details: After successful registration, you will receive your personal account login information via an automated email.
    • Log In: Use the provided credentials to log into your new account.
    • For further assistance, you can contact SIBL's customer service via email at info@sibl-bd.com or call +88-09612001122.

SIBL accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
SIBL Account