A ﬁnancing facility that enables customers to meet working capital requirements for their business.
Allows ﬁnancing of manufacturing as well as overhead costs of the business
Flexible payment options
Customer or primary sponsor must be a Pakistani resident
Minimum length of business should be 3 years
Customer must meet the bank’s as well as applicable regulator’s policies
Customer to provide acceptable collateral as per bank’s requirement
How to Apply
Applicant to provide:
Original CNIC along with veriﬁed copy
Customer’s audited ﬁnancial statements and disclosures
Proprietorship declaration/partnership deed/latest Form 29
Copy of collateral documents
Other documents as per bank’s policy
It is the sale of speciﬁed good to be manufactured in which the customer manufactures the goods for the bank against advance payment. Upon delivery of the assets to the bank, the bank appoints the customer as its agent to sell the goods in the market.
Note: Terms and Conditions apply. Charges to be applied as per effective Islamic Schedule of Banking Charges (I-SOBC)