A Shariah compliant alternative to conventional running finance facility.
All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.
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).