Islamic Financing Facilities

The type of Islamic financing facilities are inclusive but not limited to the followings:-
 

A. FIXED ASSET

 

i. Tawarruq Asset Financing (TWA)

 

The Bank will consider the financing for the following fixed assets:-

 

Land* (for building of warehouse or storage)

Building (completed/under construction/renovation)

Machinery/plants/equipments

Vehicle (sea, air and land)

Mould/jigs/tools

Equipments & IT software

 

Note:-

* Land financing which stand-alone basis is not allowed.
 

B. FIXED WORKING CAPITAL

 

i. Tawarruq Financing For Fixed Working Capital (TWF)

 

C. REVOLVING WORKING CAPITAL

 

i. Murabahah Revolving Financing (BAM)

 

ii. Tawarruq Revolving Working Capital (TWQR)

 

iii. Bai’ Dayn

 

D. TRADE FACILITIES

 

i. Kafalah Bank Guarantee

 

Facilities offered as a package facility with other fixed asset and working capital financing. However, the Bank can consider the package facility under stand-alone basis subject to strength of project and satisfied collateral.

 

E. LEASING

 

Under this Islamic leasing, based on Ijarah contract the Bank purchase fixed asset specified by Customer and subsequently lease the asset to the Customer with the tenure and conditions agreed by both parties. The asset can be transferred to the Customer or third party at the end of the leasing period.

 

The Bank will consider the financing for the following assets:-

 

  • Machinery/plants/equipments

  • Vehicle (sea, air and land)

  i. Ijarah

 

  ii. Ijarah Financing 

 

F. INDUSTRIAL HIRE PURCHASE

 

Both facilities are offered as a package facility with other fixed asset and working capital financing. However, the Bank can consider the package facility under stand-alone basis subject to strength of project and satisfied collateral.


  • Machinery/plants/equipments

  • Vehicle (sea, air and land)

  i. Ijarah Thummal Bai’