Askari Home Musharakah
Type
- Home Financing
Payment Structure
- Based on Diminishing Musharakah, joint ownership with gradual transfer
Eligibilty
- Not specified
Compliance
- Shariah-compliant, follows Diminishing Musharakah principles.
Askari Ijarah Bis Sayyarah
Type
- Car Financing
Payment Structure
- Rental-based fixed payments (Ijarah)
Eligibilty
- Not specified
Compliance
- Shariah-compliant, follows Ijarah (Islamic leasing)
Government Rental Rate Subsidy Scheme
Type
- Home Financing
Payment Structure
- Subsidized home financing for first-time buyers
Eligibilty
- Not specified
Compliance
- Shariah-compliant, aligned with government subsidy scheme.
Askari Ijarah Bis Sayyarah for Women
Type
- Car Financing (Women)
Payment Structure
- Rental-based fixed payments (Ijarah)
Eligibilty
- Women applicants
Compliance
- Shariah-compliant, follows Ijarah principles, includes Takaful coverage
Murabaha
Type
- Trade Financing
Payment Structure
- Fixed or floating profit rate, payment as per facility approval.
Eligibilty
- Corporate/Commercial/SME
Compliance
- Shariah-compliant, seller discloses cost+profit.
Musawamah
Type
- Trade Financing
Payment Structure
- Fixed or floating profit rate, no cost disclosure required
Eligibilty
- Corporate/Commercial/SME
Compliance
- Shariah-compliant, price agreed without cost reference
Ijarah for Equipment/Commercial Vehicles
Type
- Asset Leasing
Payment Structure
- Monthly rental payments based on KIBOR or fixed rates
Eligibilty
- Corporate/Commercial/SME
Compliance
- Shariah-compliant Ijarah (leasing)
Salam
Type
- Advance Payment for Goods
Payment Structure
- Full payment in advance, goods delivered later.
Eligibilty
- Corporate/Commercial/SME
Compliance
- Shariah-compliant, used for commodities.
Diminishing Musharakah
Type
- Asset Financing
Payment Structure
- Monthly rental + ownership transfer
Eligibilty
- Corporate/Commercial/SME
Compliance
- Shariah-compliant co-ownership model
Running Musharakah
Type
- Working Capital Financing
Payment Structure
- Profit-sharing model for business operations.
Eligibilty
- Corporate/Commercial/SME
Compliance
- Shariah-compliant, profit/loss shared.
Istisna
Type
- Manufacturing Finance
Payment Structure
- Advance payment for customized manufacturing.
Eligibilty
- Corporate/Commercial/SME
Compliance
- Shariah-compliant, used for customized goods.
Finished Goods Financing
Type
- Working Capital Financing
Payment Structure
- Payment from sale proceeds of finished goods.
Eligibilty
- SMEs, Commercial & Corporate
Compliance
- Shariah-compliant Musawamah & Wakalah model.
Islamic Export Refinance (IERF)
Type
- Export Financing
Payment Structure
- Based on SBP refinance rate.
Eligibilty
- Corporate/SME
Compliance
- Shariah-compliant, mode varies per approval.