AL NOOR Musharaka Documentary Bill Purchase (MDBP)-Inland

In order to avoid the risk associated with the Foreign Currency Positions against purchase of Inland Export Bills and at the same time to meet the finance need of the valued clients, Islami Banks practices Musharaka Mode of Finance i.e MDB in place of Inland Bills Purchased (IBP).

Key Features

  • Business Organization having valid Trade License, ERC and all other relevant licenses and good baking relation are eligible for this facility.
  • Maximum Tenor of Musharaka Documentary Bill Purchase (MDBP)-Inland is 180 days.
  • Outstanding of Pre-shipment finance will be proportionally adjusted from the disbursed amount of this facility.
  • Investment Size / Limit will be determined considering present requirement, previous performance and or acceptable business projection of the client.