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- Murabaha Financing
- Corporate Requirements
- Individual – Requirements
Types of Murabaha financing include:
- Auto/Vehicle Murabaha (both new and used cars)
- Home Financing
- Commodity Financing Murabaha
- Building material Murabaha
- Goods Murabaha( Retail)
- Revolving Murabaha,
- Real Estate Murabaha (Retail and Corporate) and
- L/C Murabaha
Corporate Requirements:
- Financing application form duly completed and signed
- Certificate of incorporation.
- Business Plan and Concept Note
- Latest 1-2 years audited Income statement and balance sheet.
- Copy of valid Trade License
- Copy of valid Passports
- Performa Invoice or price quotation for the required goods.
- Adequate collateral/security
- IBS Shares
- Personal Guarantor
Individual Requirements:
- Finance application form duly completed and signed
- 3 months certified bank statement
- Proof of income
- Copy of valid Passport or ID
- Performa Invoice or price quotation for the required goods.
- Adequate collateral/security
- IBS Shares
- Personal Guarantor