Bi'al Murabaha Commercial and Industrial Financing Requirement

To obtain financing from the Islamic banking department, the customer must submit the following documents and agree to the following conditions:


  • Company business license
  • Copy of the Company Article of Association (AOA)
  • Copy of Tazkira of the president, deputy and shareholders of the company
  • Minimum of 2-years Audited Financial Statement by one of the bank's affiliated companies
  • Minimum 3-year Projected Financial Statement
  • Submitting an official request on the company's letterhead with the signature and seal of the president/vice president of the company
  • Approval of the shareholders (Board Resolution) for obtaining financing and investment and introducing a competent person to sign all the financing and investment documents for the deal with the bank
  • Last 12 months Bank Statement
  • Company History or Profile
  • TIN of company
  • List of suppliers customers (sales and purchases) with supporting documents
  • List of Sister Companies
  • Guarantee of associates
  • Personal guarantee of shareholders to pay debts from personal assets if the company is unable to pay its debts
  • Any type of copy or transfer of documents obtained from the bank must be approved by the relevant official
  • Providing collateral as registered mortgage in court of law
  • Providing a color copy of the proposed property register titled deed on loan/facility requested letter
  • Signing the memorandum, contract and all the documents required for the Islamic banking.
  • Providing Property Evaluation Report of proposed property as collateral against requested facility real by an approved company which should be in Bank Panel List.
  • Agreement to register information in the system (public registration and maintenance) PCR and CCR of DAB.
  • The customer's obligation to repay according to the repayment schedule, and in case of default or non-payment on time, the customer's agreement to introduce the file to judicial and court for force recovery.