Umnia Bank
CIH Bank's participative banking subsidiary, developed in partnership with Qatar International Islamic Bank — a natural bridge for Gulf capital seeking Sharia-compliant real estate financing.
Headquarters
CasablancaFounded
Launched 2017
Regulator
Bank Al-Maghrib
Parent / Group
CIH Bank (participative subsidiary), in partnership with Qatar International Islamic Bank
Overview
Umnia Bank is CIH Bank's participative subsidiary, structured in partnership with Qatar International Islamic Bank. That combination — CIH's real estate financing heritage plus a Gulf participative-banking partner — makes it a particularly natural fit for Gulf investors financing Moroccan real estate or hospitality projects on a Sharia-compliant basis.
History
Launched in 2017 as one of the first participative banks under Morocco's new framework, established as CIH Bank's dedicated subsidiary with Qatar International Islamic Bank as a strategic partner, combining Moroccan real estate financing expertise with Gulf participative banking practice.
Key Figures
Launched
2017
Parent group
CIH Bank
Strategic partner
Qatar International Islamic Bank
Services & Investor Support
Foreign Investor Support
A genuinely differentiated option for Gulf-origin real estate and hospitality investors specifically, combining CIH's sector expertise with a real Gulf participative-banking partnership.
International Presence
- Direct institutional relationship with Qatar International Islamic Bank
Languages Supported
Industries Financed
ESG Financing
Available — Participative real estate financing structures with an emphasis on asset-backed, risk-sharing arrangements.
Advantages for International Investors
- Direct strategic partnership with a Gulf participative bank (Qatar International Islamic Bank)
- Inherits CIH Bank's real estate and hospitality financing expertise
- Sharia-compliant project finance for hospitality developments
Required Documents
- Valid passport (all beneficial owners and signatories)
- Proof of address (home country, less than 3 months old)
- Company incorporation documents, if opening a corporate account
- Foreign investment declaration filed with the intermediary bank (Office des Changes regime)
- Source-of-funds documentation
- Morocco tax ID (Identifiant Fiscal), once available
Document requirements vary by account type and bank — confirm the current checklist directly with the institution, or use the Banking Guide for the general process.