A Shariah compliant short term financing facility made available through Current Account-i to cater for the purpose of working capital and asset acquisition.

 

Item​​Description
Shariah ConceptMurabahah Tawarruq
Who Can Apply?
Small & Medium Enterprise (SME)
Facility type​Variable Rate capped at Ceiling Profit Rate
Financing Tenure
Minimum: 3 years
Maximum: 10 years
Fees & ChargesClick Click here
Features
  • Facility for business working capital or asset aquisition
  • Flexi usage
  • No fixed payment 
  •  No commitment fee on the unutilised amount
  • Profit charged is based on amount utilised and it is non-compounded
  • Profit rate is capped at Ceiling Profit Rate

Product Disclosure SheetDownload
Cash Line Facility-i

 

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