| Product Name |
Mode |
Type of Product |
Basis for Pricing |
Tenors |
Target Customers |
| Murbaha for Purchase Order (local) |
Murabaha |
Corporate, Commercial and SME |
Cost plus mutually agreed profit. |
NA-1Year |
Manufacturing industries, Construction Industries, Traders and Individuals |
| Financial Ijarah/Ijarah MBT |
Ijarah |
Corporate, Commercial and SME |
Floating Rate based on KIBOR |
90 days-5 years |
Manufacturing industries, Construction Industries, Traders and Individuals |
| Shirkatul Milk |
Musharaka / Co ownership cum Ijara |
Corporate, Commercial and SME |
Floating Rate based on KIBOR |
180 days-5 years |
Manufacturing industries |
| Diminishing Musharaka (Shirkatul Melk) |
Musharaka / Co ownership cum Ijara (operating Ijara) |
Corporate, Commercial and SME |
Floating Rate based on KIBOR |
More than 1 years |
Manufacturing industries |
| Murabaha(Import) (Funded) |
Murabaha Cum Wakala |
Corporate, Commercial and SME |
the purchase of the goods; the pre agreed profit either in lump sum or as a percentage of the cost (flat or a benchmark) to be calculated and finalized at the time of entering into the Murabaha contract; Any other expenses directly related to the purchase of the goods subject of the Murabaha such as the cost of shipment, insurance, transportation etc. |
15-360 days |
Manufacturing industries, Construction Industries, Traders and Individuals |
| Export Finance |
Wakala |
Corporate, Commercial and SME |
The Wakala Capital may be calculated as an amount net of the cushion for meeting the foreign bank charges and the bank's profit from the transaction on the basis of the number of days that the facility is being availed. |
15-360 days |
Export oriented industries |
| Dubain Islamic Auto Finance |
Musharaka cum Ijara |
Consumer Financing |
Floating Rate based on KIBOR |
Rs.100, 000 for New, used and reconditioned cars -
Rs.3,000,000 for New, used and reconditioned cars |
Salaried, Self Employed Businessmen and self employed professionals |
| Dubai Islamic Home Finance |
Musharaka and Ijara |
Consumer Financing |
Floating Rate based on KIBOR |
Rs.0.50 million for Home Purchase, Home Renovation, Purchase of undivided share of property mortgaged at other bank --
Rs.30 million for Home Purchase,Rs.10 million for Home Renovation and Rs. 30
million for Purchase of undivided share of property mortgaged at other bank |
Salaried, Self Employed Businessmen and self employed professionals |
| Istisna's Cum Wakala |
Istisna's Cum Wakala |
Corporate, Commercial &SME |
Fixed or floating rate based on KIBOR |
15-360 days |
Manufacturing Industries, Construction Industry. |
| Commodity Murabaha |
Commodity Murabaha |
Treasury |
Market based |
180 days |
Commercial Bank |
