A facility that caters to the working capital requirements of agricultural sector and manufacturers/exporters of homogenous commodities.
Features• Can be used by customers to ﬁnance overheads and utilities cost• Ideal for agricultural ﬁnancing needs.
• 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
• Facility Application Form
• Financial Statements (as
per Prudential Regulations and bank requirements)
• Company’s Profile
• All other documents as per bank’s policy and regulatory
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)