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).