A financing facility that enables customers to purchase raw material, finished goods, etc to fulfill their business needs.
All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.
Under this mechanism, the bank purchases and acquires the underlying asset and then sells it to the customer by disclosing the cost and proﬁt at the time of sale execution.
Note: Terms and Conditions apply. Charges to be applied as per effective Islamic Schedule of Banking Charges (I-SOBC)