A facility that caters to the working capital requirements of agricultural sector and manufacturers/exporters of homogenous commodities.
All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.
It is a sale whereby the seller (customer) delivers speciﬁc goods to the buyer (bank) at a future date in exchange of a price fully paid in advance. Upon delivery of the goods to the bank, the bank appoints the customer as its agent to sell the goods in the market
Note: Terms and Conditions apply. Charges to be applied as per effective Islamic Schedule of Banking Charges (I-SOBC)