Aitemaad Ijarah
Type
- Asset Leasing
Payment Structure
- Monthly rentals for leased assets; rentals depend on the terms agreed upon between the bank and the customer.
Eligibilty
- Corporate, SME, and individual customers requiring vehicles, office equipment, or plant and machinery.
Compliance
- Fully Shariah-compliant leasing based on Ijarah principles.
Aitemaad Murabaha
Type
- Trade-Based Financing
Payment Structure
- Deferred payments (30 days to 1 year) in lump sum or installments for purchased goods.
Eligibilty
- Customers seeking Shariah-compliant trade financing solutions for goods.
Compliance
- Structured under Murabaha principles, involving cost disclosure and agreed-upon profit margin.
Aitemaad Diminishing Musharakah
Type
- Joint Ownership Financing
Payment Structure
- Rentals on the bank’s share in the asset and gradual unit purchases by the customer until full ownership.
Eligibilty
- Customers requiring financing for construction, acquisition of fixed assets, or purchase of machinery and equipment.
Compliance
- Shariah-compliant financing based on diminishing partnership principles.
Aitemaad Salam
Type
- Advance Payment Financing
Payment Structure
- Bank makes full payment in advance for goods, which the customer delivers later. Proceeds from the sale of goods are handled through agency arrangements.
Eligibilty
- Corporate, SME, and Agri customers involved in agriculture, trade, or industrial production.
Compliance
- Shariah-compliant financing through Salam contract and agency arrangement.
Aitemaad Istisna
Type
- Manufacturing Financing
Payment Structure
- Payments made in advance, installments, or upon delivery of goods; based on agreed payment schedules.
Eligibilty
- Corporate, SME, and Agri customers in manufacturing sectors (e.g., cement, sugar, garments, fertilizers).
Compliance
- Shariah-compliant contract for goods that require manufacturing, under Istisna principles.
Aitemaad Running Musharakah
Type
- Profit and Loss Sharing
Payment Structure
- Profits calculated on daily product basis and shared according to the investment ratio.
Eligibilty
- Customers needing cash for daily business operating cycles; particularly suited for SMEs and corporate clients.
Compliance
- Shariah-compliant profit-sharing through Musharakah under Shirkat-ul-Aqd.
Aitemaad Musawamah
Type
- Negotiated Trade Financing
Payment Structure
- Price negotiated between buyer and seller; payment on spot or as per the agreed schedule.
Eligibilty
- Applicable for working capital needs, trade finance, and corporate financing for raw materials, export goods, or construction material.
Compliance
- Shariah-compliant trade-based financing without disclosing cost of goods.
Aitemaad Tijarat
Type
- Finished Goods Financing
Payment Structure
- Payments made on spot or as agreed; proceeds managed through agency arrangement.
Eligibilty
- Corporate, SME, and Agri customers involved in trade or sale of finished goods (e.g., cement, steel, garments).
Compliance
- Shariah-compliant trade arrangement using Musawamah and Wakalah contracts.