Property Development Financing
This facility offers partial financing to developers for the development cost of residential, commercial, industrial or any other types of development project with potential development value.
Type of Facilities
Term Financing-i
A medium to long term Shariah compliant financing facility for various purposes such as working capital, asset acquisition, construction, refinancing, etc.
Based on Shariah concept of Tawarruq or Istisna' & Ijarah
Bridging Financing-i
A short term Shariah compliant financing facility to bridge the gap in liquidity of your business or project until you secure permanent financing or remove an existing obligation.
Based on Shariah concept of Tawarruq
Bank Guarantee-i
A shariah compliant guarantee or written undertaking given by the Bank on your behalf to the beneficiary ensuring that your liability/ obligations under the terms of guarantee will be met.
Based on Shariah concept of Kafalah
Cashline-i
A short term Shariah compliant revolving financing facility generally used for working capital and to lessen short term cash flow requirements. Utilization is via PrimeRich Current Account-i up to the maximum credit limit approved by the Bank.
Based on Shariah concept of Tawarruq
Who can Apply
- SME
- Corporate