This facility, based on the Bai Murabahah concept, is granted to you for financing your short-term working capital requirement by way of credit line arrangement requiring you to pay or adjust the same by payment of lump sum deferred payment cost plus profit desired by the Bank. You only pay for the cost of items/commodities or services purchased upon realisation of the sales proceeds plus profit desired by the bank on a regular basis through deposits of sales proceeds in the account.  Profit rates are market driven and may vary from month to month. This facility has to be adjusted in full at least once every year and can be renewed thereafter on review of your performance.

The facility covers:

• Purchase of stocks or raw materials required for manufacturing of finished goods for trade  
•  Tradeable goods or equipments
• Arranging and selling of services.

Securities:

Constructive charge on the stocks/raw materials/tradeable goods/Equipments purchased for trading.
You shall provide additional guarantee from a third party or any additional collateral security acceptable by the Bank to secure the arrangement.

Detailed benefits:

• Provides adequate cash flows to meet the day to day requirement of business.
• Flexible margin requirement
• The facility extended for a period of one year initially can be extended after review.