IVBB has entered into an agreement with Tamadon Investment Bank, the leading investment bank in Iran capital market, on granting credit in the form of a credit card named IBCard to Tamadon Investment bank clients using Murabahah contracts.
The clients eligible to benefit from this service (those clients having bought the fixed-income investment units of Tamadon worth over 300 million IR Rials) can apply for the credit card to be issued by IVBB online through https://ibshop.ir/.
IBcard is a new service providing new financial services to investors. It is a type of credit card clients can use whenever they need credit for shopping. The investment units act as the collateral for the credit card.