Empowering Working Capital with Shari’ah Compliance!
Murabaha is a Shari’ah-compliant mode of financing based on a sale agreement in which the Bank discloses the cost of goods purchased and adds a mutually agreed profit margin, payable on either a cash or deferred basis.
This facility is designed to provide businesses with short-term financing to meet their working capital needs. The financing is available on both fixed and floating profit rates, subject to prevailing market conditions.
Through Murabaha Financing, Askari Ikhlas Islamic Banking ensures transparency, fairness, and compliance with Shari’ah principles while supporting business growth.
| Description | Specific Product Details |
| Name of Product: | Murabaha |
| Basis of Pricing: | A fixed profit rate OR a floating profit rate linked with a benchmark, e.g. KIBOR, is offered keeping in view the prevailing market practices/dynamics |
| Financing Limits: | Minimum: Per party limit as per SBP Prudential Regulations/as per facility approval |
| Maximum: | Per party limit as per SBP Prudential Regulations/as per facility approval |
| Tenors: | For Working Capital: Upto 1 year |
| Target Customers: | Corporate/Commercial/SME |
| Security/Collateral: | On a case-by-case basis, e.g. hypothecation, charge on assets, mortgage of properties, pledge, lien on deposits, etc. as per facility approval |
| Repayment | |
| Murabaha Cost Component
(i.e. Principal): |
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| Payment of Murabaha Profit Component: |
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