Import Financing/ Local Purchase Financing also known as Murabaha Financing is a contract where in the bank, upon request by the customer...
Working Capital Financing for Finished Goods or Tijara is a Sale & Agency based financing facility for customers who sell Finished Goods on a credit basis.
Asset Financing is based under the principles of Diminishing Musharaka. Under Diminishing Musharaka, The Bank and the Customer jointly purchase the Asset.
In the business context means a joint enterprise in which all the partners share the profit or loss of the joint venture based on the concept of Musharaka.
In Investment Financing which is based on the sharia concept of Wakala, the customer will be acting as agent in investing the Bank’s funds with an expected return.
This product is based on the principles of Ijarah where bank buys the asset (vehicles, machine, equipment, etc.)