InfinBANK offers financing under the Murabaha deal
The InfinBANK team strives to provide actual services to clients, aimed to support them under any circumstances. Islamic finance is a strategically important product in the bank, which helps in the development of your business. And today the bank shared the terms of financing through the Islamic Corporation for the Development of the Private Sector (ICDPS) and the International Islamic Trade and Finance Corporation (IITF), which are aimed at replenishing working capital, as well as the acquisition of fixed assets.
The main conditions of ICDPS financing line:
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Purpose of financing: replenishment of working capital/acquisition of fixed assets
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Currency of financing: US dollars
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Minimum amount: USD 500,000
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Maximum amount: USD 7,500,000
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Financing term: up to 48 months
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Loan security: pledge of real estate/movable property and other liquid types of security.
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The main conditions of IITF financing line:
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Purpose of financing: replenishment of working capital/acquisition of fixed assets
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Currency of financing: US dollars
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Minimum loan amount: USD 100,000
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Maximum loan amount: USD 5,000,000
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Financing term: up to 12 months
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Loan collateral: pledge of real estate/movable property and other liquid types of collateral.
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Murabaha financing from InfinBANK complies with Shariah principles, so the transaction is not a loan with interest, but a trade agreement, making it compliant with Islamic principles.
The ICDPS and IITF funding lines are designed to create an enabling environment for the private sector, improve access to finance and support economic sustainability and development in member countries of the Organization of Islamic Cooperation.
Customers can use the service in any InfinBANK branch.Financing under the Murabaha transaction from InfinBANK is a combination of speed, high quality service and reliability, which allows clients to confidently develop their business and achieve financial goals. The InfinBANK team invites entrepreneurs who want to use Islamic finance services to cooperate.
