HBL Diminishing Musharakah
It is a medium to long-term financing facility that enables businesses to finance different development projects and capital investments.
Partial risk sharing of the ﬁnanced asset
Can be used to ﬁnance the acquisition/construction of capital assets such as land, factory, building, etc.
Ideal for investment banking and project ﬁnancing needs
Flexibility to choose between ﬁxed and ﬂoating rate
Minimum length of business should be 3 years
Customer or primary sponsor must be a Pakistani resident
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:
Original CNIC along with veriﬁed copy
Customer’s audited ﬁnancial statements and disclosures
Proprietorship declaration/partnership deed/latest Form 29
Copy of collateral documents
Other documents as per bank’s policy
It is a partnership in which the customer and the bank both invest jointly to own an asset. HBL Diminishing Musharakah (DM) is a form of ‘Musharakah’ in which the ownership of the asset is divided into units. The bank then leases its share of asset (units) to the customer against rental payments. In parallel, the customer periodically purchases the units under the ownership of the bank. Upon purchase of all the units, the customer becomes the sole owner of the asset.
Note: Terms and Conditions apply. Charges to be applied as per effective Islamic Schedule of Banking Charges (I-SOBC)