HBL RunningMusharakah

A Shariah compliant alternative to conventional running finance facility.

Features

• Partial risk sharing of the financed asset

• Can be used to finance the acquisition/construction of capital assets such as land, factory, building, plant,

machinery etc.

• Ideal for investment banking and project financing needs

• Flexibility to choose between fixed and floating rate

• Competitive pricing

Criteria

• 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:

• Customer’s Basic Fact Sheet

• Facility Application Form

• Financial Statements (as per Prudential Regulations and bank requirements)

• Company’s Profile

• Other documents as per bank’s policy

Product Disclosure

All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.

Guiding Principle

Under this agreement, bank and the customer enter into a Musharakah, based on Shirkat-ul-Aqd wherein the bank and the customer agree to (i) invest in the identified primary Operating Activities of the Customer’s business and (ii) participate in the profits/loss generated by the Musharakah in proportion to the agreed investment ratio.
Terms and conditions apply. Charges to be applied as per effective Islamic Schedule of Banking Charges (I-SOBC).