- As per directives from State Bank of Pakistan, Bank AL Habib Islamic Banking Division offers Export Finance Facility under SBP IERF scheme to support export oriented companies. Both pre and post shipment facilities based on Murabaha and Istisna are available at subsidized rates communicated by SBP from time to time.
- This product is suitable for manufacturers, traders, importers to procure / import any kind of Shariah permissible goods (raw / semi-finished / finished / processing / packing material etc).
Step-Wise Process/Procedure of Financing
- Customer approaches the Branch and requests for credit facility.
- Upon completion of required documentation by the customer; the branch will complete the formalities.
- Upon approval of credit request; Branch coordinates with the customer for signing and acceptance of the required documentation in line with SBP PR's, Bank's internal policies, and credit approvals
A Small Enterprise (SE) is a business entity which meets the following parameters:
| Number of Employees | Upto 50 (including contractual employees) |
| Annual Sales Turnover | Upto Rs.150 million |
Medium Enterprise (ME) is a business entity, ideally not a public limited company which meets both the following parameters:
| Number of Employees | Upto 51- 250 (for Manufacturing & Services Sector) Upto 51-100 (for Trading Sector) |
| Annual Sales Turnover | Above Rs.150 million upto Rs.800 million |
Based on the following SBP’s PRs and business need of the customers.
| For ME – Maximum financing allowed | Upto Rs.200 million (total from all banks). |
Profit is charged by applying the applicable benchmark (KIBOR, LIBOR & IERF) in addition to bank’s spread.
You may also be interested in
