A HELPING HAND, JUST WHEN YOU NEED IT
Whether you need to finance a short-term working capital requirement or a long-term expansion, ADIB understands that ready access to funding is a key requirement for any corporation. That’s why we offer a broad range of Shari’a compliant financing solutions tailored to meet the specific needs of your business.
Murabaha:
A sale contract, in which the bank sells a customer a physical asset, goods, or shares already owned and possessed (either physically or constructively) at a selling price consisting of the purchase price plus a mark-up profit.
Ijarah:
A lease contract whereby the bank (the Lessor) leases to a customer (the Lessee) a service or the usufruct of an owned or rented physical asset which currently exists or will be constructed in the future (Forward Lease) for a specific period of time at specific rental installments.
Istisna'a:
A sale contract, in which the bank (Al Saanee) sells an asset to be developed using its own materials to a customer (Al Mustasnee) according to pre-agreed upon precise specifications, at a specific price, installment dates and to be delivered on a specific date. This developed asset can be either developed directly by the bank or through a sub-contractor and then it is handed over to the customer on the pre-agreed upon date.
