Procurement & Contract Financing-i (PCF-i)

At Bank Islam, we believe in sharing our expertise to assist you with your business requirement in Contract Financing. We provide innovative structure to customize your funding requirement

Facilities offered

  • Business Financing-i
  • Multi Trade Facilities
  • Bank Guarantee-i
  • FOREX Line (case to case basis)

Margin of Financing

    Business Cash Line-i
  • To finance general expenses, overheads, administrative, material, sub-contracts wages

    • Multi Trade Facilities
  • To facilitate purchase or sales of goods under the contract financed

    • Bank Guarantee-i
  • Tender Guarantee
  • Performance Guarantee
  • Advance Payment Guarantee
  • Other guarantee required as per contract requirement

Benefits

  • Minimum upfront security
  • Customized structure to meet all contract requirements
  • Combination of cash and non-cash facilities

Eligibility

  • Main Contractors / Nominated Sub-contractors / Vendors / Suppliers
  • Minimum of (3) years performance track record
  • Registered with the relevant Licensing or Certification Bodies
  • Contractor awarded by Government, Government Bodies, GLCs or other Corporate Companies acceptable by the Bank

How to apply

  • Fill up the form completely
  • Submit the completed form with the supporting documents to the nearest Bank Islam’s branches