Diminishing Musharakah is a medium to long-term financing facility that enables businesses to finance different development projects and capital investments.
All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.
It is a partnership in which the customer and bank invest jointly to own an asset. HBL Diminishing Musharakah (DM) is a form of ‘Musharakah’ in which asset ownership is divided into units. The bank then leases its asset share to the customer against rental payments. In parallel, the customer purchases the units under the bank’s ownership. Upon purchase of all units, the customer becomes the sole owner.
Note: Terms and Conditions apply. Charges to be applied as per effective Islamic Schedule of Banking Charges (I-SOBC)