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       Lease, Sale & Leaseback) Financing
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Free Consultancy
Invest money in Halal platform
Explore ethical and Halal investment opportunities on our platform, where your
financial growth aligns with Islamic principles.
Learn More
Navigate to financial success
Empower your wealth ethically with our Sharia-Compliant Fintech Platform,
navigating towards a successful and responsible financial future through
innovation and transparency
Learn More
Secure Your Future with Islamic Fintech
Ensure a secure financial future guided by ethical principles with our
innovative Islamic Fintech solutions. Empower your wealth journey and embrace a
resilient path to prosperity
Learn More
Invest money in Halal platform
Explore ethical and Halal investment opportunities on our platform, where your
financial growth aligns with Islamic principles.
Learn More
Navigate to financial success
Empower your wealth ethically with our Sharia-Compliant Fintech Platform,
navigating towards a successful and responsible financial future through
innovation and transparency
Learn More
Secure Your Future with Islamic Fintech
Ensure a secure financial future guided by ethical principles with our
innovative Islamic Fintech solutions. Empower your wealth journey and embrace a
resilient path to prosperity
Learn More
Invest money in Halal platform
Explore ethical and Halal investment opportunities on our platform, where your
financial growth aligns with Islamic principles.
Learn More
Navigate to financial success
Empower your wealth ethically with our Sharia-Compliant Fintech Platform,
navigating towards a successful and responsible financial future through
innovation and transparency
Learn More
Secure Your Future with Islamic Fintech
Ensure a secure financial future guided by ethical principles with our
innovative Islamic Fintech solutions. Empower your wealth journey and embrace a
resilient path to prosperity
Learn More

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About Us


WHO WE ARE

Welcome to FoneBank USA – where ethical microfinance banking meets the
principles of Islamic Shariah. At FoneBank, we have redefined the landscape of
banking by embracing a philosophy that shuns interest, gambling, and ambiguous
contracts. Our commitment to providing ethical financial solutions is not just a
business model; it's a reflection of our dedication to humanity, society, and
the state.

Headquartered in the vibrant city of Houston, Texas, FoneBank USA extends its
benevolent reach to all states across the nation. As a pioneer in ethical
microfinance, our mission is to cater to the underserved populations in the
United States, ensuring that everyone has access to fair and just financial
services

Read More
What we offer


WHY FONEBANK?

 * Ethical Banking: We adhere strictly to the principles of Islamic Shariah,
   ensuring that our services are free from the pitfalls of interest, gambling,
   and ambiguous contracts.
 * Inclusive Reach: With our headquarters in Houston and a designated presence
   in every state in the USA, FoneBank is committed to reaching the underserved
   and providing them with ethical financial solutions.
 * Diverse Offerings: From traditional banking services to non-banking
   assistance, FoneBank is a one-stop destination for all your financial needs,
   accompanied by a commitment to ethical practices.

Join us at FoneBank USA, where ethics, inclusivity, and community empowerment
converge to redefine the future of ethical microfinance banking. Together, let's
build a financial world that values humanity and supports the well-being of all.

Services


WHAT WE OFFER FOR YOU

POOL-BASED INVESTMENT WITH INDUSTRYWISE CHOICE

Unlock the potential of your finances with FoneBank's innovative pool-based
investment solutions. Invest any amount and choose from a diverse range of
industries. We empower you to shape your financial future responsibly.

Services Details

NON-BANKING SERVICES

Beyond traditional banking, FoneBank extends its services to cater to the
diverse needs of our community. Whether it's assistance with funerals, support
for Hajj and Umrah, or aiding in recovering from financial hardship, FoneBank is
your partner in every aspect of life.

Service Details

TRAINING AND SUPPORT FOR HOME CRAFT

FoneBank is not just a financial institution; we are a community that values
growth and self-sufficiency. Our commitment to your well-being extends to
providing training and support for home crafts, ensuring that you have the tools
to thrive in every aspect of life.

Service Details

DEPOSITING AND SAVING FACILITY WITHOUT BOUNDARIES

FoneBank offers a secure and inclusive platform for individuals to deposit and
save without any constraints. We believe in breaking down barriers and providing
financial empowerment to all, irrespective of background or circumstance.

Services Details

POOL-BASED INVESTMENT WITH INDUSTRYWISE CHOICE

Unlock the potential of your finances with FoneBank's innovative pool-based
investment solutions. Invest any amount and choose from a diverse range of
industries. We empower you to shape your financial future responsibly.

Services Details

NON-BANKING SERVICES

Beyond traditional banking, FoneBank extends its services to cater to the
diverse needs of our community. Whether it's assistance with funerals, support
for Hajj and Umrah, or aiding in recovering from financial hardship, FoneBank is
your partner in every aspect of life.

Service Details

TRAINING AND SUPPORT FOR HOME CRAFT

FoneBank is not just a financial institution; we are a community that values
growth and self-sufficiency. Our commitment to your well-being extends to
providing training and support for home crafts, ensuring that you have the tools
to thrive in every aspect of life.

Service Details

DEPOSITING AND SAVING FACILITY WITHOUT BOUNDARIES

FoneBank offers a secure and inclusive platform for individuals to deposit and
save without any constraints. We believe in breaking down barriers and providing
financial empowerment to all, irrespective of background or circumstance.

Services Details

POOL-BASED INVESTMENT WITH INDUSTRYWISE CHOICE

Unlock the potential of your finances with FoneBank's innovative pool-based
investment solutions. Invest any amount and choose from a diverse range of
industries. We empower you to shape your financial future responsibly.

Services Details

NON-BANKING SERVICES

Beyond traditional banking, FoneBank extends its services to cater to the
diverse needs of our community. Whether it's assistance with funerals, support
for Hajj and Umrah, or aiding in recovering from financial hardship, FoneBank is
your partner in every aspect of life.

Service Details


UNLOCK YOUR FINANCIAL POTENTIAL WITH FONE BANK – THE LEADING ETHICAL
MICROFINANCE BANK IN THE USA



Product and Services


EXPLORE OUR LATEST PRODUCT

Deposit Products
Islamic Microfinance for Homeownership
Structure: Murabaha or Ijarah-based financing for home purchase or construction.
Read More
Deposit Products
Quard-al-Hasan (Benevolent Loan):
Structure: Interest-free loans provided for personal or business needs.
Addressing immediate financial...
Read More
Deposit Products
Islamic Crowdfunding
Structure: Utilizing crowdfunding platforms to raise funds for specific
Sharia-compliant projects or...
Read More
Deposit Products
Waqf (Endowment) Funds
Structure: Establishing endowment funds for charitable purposes or community
development.
Read More
Deposit Products
Islamic Microfinance Portfolio Investments
Structure: Diversified investment in a portfolio of microfinance products, such
as Quard-al-Hasan, Mudarabah,...
Read More
Deposit Products
Microenterprise Financing
Structure: Tailored financing for microenterprises, startups, and small
businesses. Target Market...
Read More
Deposit Products
Islamic Microfinance for Agriculture
Structure: Murabaha, Musharakah or Salam financing for farmers and agricultural
projects.
Read More
Deposit Products
Working Capital Financing
Structure: Murabaha or Ijarah-based financing to cover day-to-day operational
expenses and short-term...
Read More
Deposit Products
Islamic Microfinance for Women Entrepreneurs
Structure: Specialized financing products for women entrepreneurs, such as
Musharakah or Mudarabah.
Read More
Deposit Products
Islamic Microfinance for Education
Structure: Murabaha or Quard Hasan financing for education expenses, including
tuition fees and educational...
Read More
Deposit Products
Islamic Microfinance for Homeownership
Structure: Murabaha or Ijarah-based financing for home purchase or construction.
Read More
Deposit Products
Quard-al-Hasan (Benevolent Loan):
Structure: Interest-free loans provided for personal or business needs.
Addressing immediate financial...
Read More
Deposit Products
Islamic Crowdfunding
Structure: Utilizing crowdfunding platforms to raise funds for specific
Sharia-compliant projects or...
Read More
Deposit Products
Waqf (Endowment) Funds
Structure: Establishing endowment funds for charitable purposes or community
development.
Read More
Deposit Products
Islamic Microfinance Portfolio Investments
Structure: Diversified investment in a portfolio of microfinance products, such
as Quard-al-Hasan, Mudarabah,...
Read More
Deposit Products
Microenterprise Financing
Structure: Tailored financing for microenterprises, startups, and small
businesses. Target Market...
Read More
Deposit Products
Islamic Microfinance for Agriculture
Structure: Murabaha, Musharakah or Salam financing for farmers and agricultural
projects.
Read More
Deposit Products
Working Capital Financing
Structure: Murabaha or Ijarah-based financing to cover day-to-day operational
expenses and short-term...
Read More
Deposit Products
Islamic Microfinance for Women Entrepreneurs
Structure: Specialized financing products for women entrepreneurs, such as
Musharakah or Mudarabah.
Read More
Deposit Products
Islamic Microfinance for Education
Structure: Murabaha or Quard Hasan financing for education expenses, including
tuition fees and educational...
Read More

Experts


OUR HOUSE OF AVENGERS

 * 
 * 
 * 

Founder

DAVID BOWIE

 * 
 * 
 * 

CEO

DUNCAN JONES

 * 
 * 
 * 

Head Of Idea

JOHN LENNON

 * 
 * 
 * 

Designer

ELTON JOHN


YOU CAN MAKE AN REQUEST TO JOIN OUR TEAM

 * Get An Appointment

Faq


SOME QUESTIONS & A.

What is Meant By Riba?

 The word “Riba” means excess, Increase or addition, which correctly interpreted
according
to Shariah terminology, implies any excess compensation without due
consideration (consideration
does not include time value of money). This definition of Riba is derived from
the Quran and is
unanimously accepted by all Islamic scholars.
The meaning of Riba has been clarified in the following verses of Quran (Surah
Al Baqarah 2:278-9)
“O those who believe; fear Allah and give up what still remains of the Riba if
you are believers. But if
you do not do so, then be warned of war from Allah and His Messenger. If you
repent even now, you
have the right of the return of your principal; neither will you do wrong nor
will you be wronged.”

What is interest? Is there any difference between interest and Riba?

The origination of term interest dates back to 17th century with the emergence
of banking
system at global level. Interest means giving and/or taking of any excess amount
in exchange of a
loan or on debt. Hence, it carries the same meaning/value as that of Riba as
defined in the previous
question. Further, it is narrated that “the loan that draws interest is Riba”.4
There is consensus among the Muslim scholars of all the fiqhs that interest is
Riba in
all its forms and manifestations. 5

What are the different kinds of Riba?

There are two kinds of Riba:

 1. Riba-An-Nasiyah/Riba-Al-Quran
 2. Riba-Al-Fadl

Riba An Nasiyah/Riba Al-Quran: In the Holy Quran, Allah (SWT) says in Sura
Al-Baqarah (2-279):
“ …..And if you repent, yours is your principal”

It is reported by Harith ibe Abi Usamah in his Musnad that Sayyidna Ali
Radi-Allahu Anhu reportedly
referred that the Holy Prophet said:



“Every loan that derives a benefit (to the lender) is riba”6.
Example of Riba-al-Nasiyah/Interest: If Mr. A lends Rs.100 to Mr. B (a borrower)
with a condition that Mr. B shall return him Rs.110 after one month. In this
case, the extra amount of
Rs. 10 is Riba or Interest.
2. Riba-al-Fadl: Abu Said al Khudri Radi-Allahu anhu narrated that Holy Prophet
(Peace be upon
him) said:
it may be noted that economically speaking it would be irrational to exchange
one kilogram of wheat
with one and a half kilogram of wheat in a spot exchange. Therefore, some fuqaha
have pointed out
that Riba-al-Fadl has been prohibited because if it was left un-prohibited it
could be used as a
subterfuge for getting Riba-al-Nasiyah. Of the six commodities specified in the
hadith, two (gold and
silver) unmistakably represent commodity money used at that time. One of the
basic characteristics of
gold and silver is that they are monetary commodities. As a matter of fact, each
of the six
commodities mentioned in the hadith has been used as a medium of exchange at
some time or the
other.
During the dark ages, only the first form (Riba An Nasiyah) was considered to be
Riba. However, the
Holy Prophet (peace be upon him) also classified the second form (Riba-al-Fadl)
also as Riba8

If you have more questions See More..


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