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Loans to Corporate Clients on Account of Foreign Loan Facilities

Financing line of International Islamic Trade Finance Corporation (ITFC) under Murabaha agreements.
Murabaha is sale by installments made according to Shari'ah principle.

Within this line, financing of import contracts for the supply of goods and / or raw materials to implement projects of enterprises which main business does not contradict the principles of the Islamic Sharia is provided for

Financing is carried out for the purpose of working capital replenishment to setup production and / or trade.

Terms and conditions of financing:

Currency of financing line:

  • US dollar

Financing amount:

  • Depends on financial standing of potential Borrower, scale of its business and sources of loan repayment
  • Minimum amount of financing per project is USD 200,000
  • Maximum amount of financing per project is – USD 2,000,000

Term

  • Financing term within the loan facility is up to 1 year under Murabaha agreements signed individually per project.

Repayment

  • on a quarterly basis

Loan security

  • Real property
  • Vehicles
  • Monetary funds
  • Other liquid assets

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