Auto Finance
Type
- Consumer Financing (Car Financing)
Payment Structure
- Flexible installment options with up to 7 years repayment term
Eligibilty
- Pakistani citizens with a steady source of income, a minimum age of 21, and a maximum age of 60 at the time of loan maturity.
Compliance
- Fully Shariah-compliant with the Ijarah concept (leasing structure).
MUSKUN Home Financing
Type
- Home Financing (For purchasing or construction)
Payment Structure
- Flexible repayment terms up to 25 years.
Eligibilty
- Salaried individuals or self-employed with a stable income.
Compliance
- Shariah-compliant, utilizing the Murabaha (cost-plus-profit) model.
SME Financing
Type
- Business Financing (For SMEs)
Payment Structure
- Tailored to business needs with flexible terms.
Eligibilty
- Small and Medium Enterprises (SMEs) in various sectors with operational and financial stability.
Compliance
- The product is designed under Islamic finance principles, including Musharakah or Murabaha.
Trade Finance Services
Type
- Business Financing (Trade/Import & Export)
Payment Structure
- Financing for short-term needs with a focus on working capital.
Eligibilty
- Registered businesses involved in import/export activities.
Compliance
- Fully Shariah-compliant, using instruments like Istisna (manufacturing contract) and Murabaha.
BankIslami Fleet Financing
Type
- Financing for Commercial Vehicles
Payment Structure
- Flexible repayment options with terms up to 7 years.
Eligibilty
- Business owners and entrepreneurs looking to purchase commercial vehicles.
Compliance
- Structured on Shariah-compliant modes such as Ijarah and Murabaha.
Agricultural Financing
Type
- Financing for Agricultural Activities
Payment Structure
- Flexible terms based on the nature of the agriculture project.
Eligibilty
- Farmers, agri-businesses, and cooperatives with a valid landholding.
Compliance
- Shariah-compliant, using structures like Musharakah for crop and asset financing.