Revolving Credit-i
Revolving Credit-i
A short-term financing to companies for working capital requirements and/ or for the purpose of purchase order (pre) and invoice financing (post).
Shariah Concept
Based on Shariah principle of Commodity Murabahah via Tawarruq
Features & Benefits
Multiple disbursement flexibility
Fixed profit rate at the point of each disbursement
The facility is subject to annual review with a utilization tenure of up to 180 days or any other period agreed by the Bank.
Flexibility for rollover
Payment Scheme
Bullet payments of principal and profit upon maturity