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Albilad Capital enjaz
عربي

Musharkah LC

Musharakah LC
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Musharkah LC
​Musharakah LC is a competitive Islamic short term post shipment financing provided to importers to settle their Sight/ Usance L/C.Musharakah functions like a limited partnership between Bank Albilad and customers who need to import certain goods and equipment, but do not possess sufficient funds to do so.  In this type of transaction, the customer provides a portion of the funds and Bank Albilad provides the remaining funds.  Bank Albilad then issues LCs to import the goods.
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Types of Musharakah LCs

Sight L/C: Bank Albilad will pay the negotiating bank on receipt of documents and sell its share in the goods to the customer on deferred payment terms

Usance L/C: Bank Albilad will sell its share in the goods to the customer on deferred payment terms for an agreed period beyond the maturity due date


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Features & Benefits

 
  • Improving cash flow position for importer by allowing them to process/sell the imported goods to their end buyer and defer their payment to the bank​
  • Our Islamic Import Financing is tied to your underlying imports in such a way that we maintain full Shariah compliance at all times.​


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