Al-Wadi'ah is a Shari'ah-compliant safekeeping arrangement through which customers place 

valuable assets, such as gold, with LB Al-Salamah for secure custody and protection. Under 

this arrangement, LB Al-Salamah acts as the custodian and is responsible for safeguarding the 

deposited assets and returning them to the owner upon request, subject to the agreed terms 

and conditions. 

Under this arrangement, a pre-agreed safekeeping fee will be charged for the custody 

services provided. Customers may also utilize their Safe Keeping certificate as collateral to 

obtain a Qard Al-Hasan (Benevolent Loan), an interest-free emergency cash solution. 

• Secure and professional storage of gold and other approved precious assets. 
• Full ownership of the gold remains with the customer throughout the safekeeping period. 
• Transparent safekeeping fees with clearly defined terms and conditions. 
• Safe Keeping certificate can be pledged as collateral for a Qard Al-Hasan facility, subject 
• to eligibility and approval requirements. 
• Qard Al-Hasan (Benevolent Loan), an interest-free emergency cash solution. 
• Gold assets are protected under strict security and operational controls managed by our 
• dedicated Business Unit Professionals. 
• All transactions are conducted in accordance with the principles of Islamic finance. 

• Shari’ah-Compliant gold custody solution. 
• Secure and reliable safekeeping of valuable assets. 
• Access to interest-free emergency cash through Qard Al-Hasan. 
• Transparency and peace of mind throughout the safekeeping period. 
• Professional management and secure handling of your gold holdings.