SME Financing Products
Ijarah Thummal Bai’ (ITB) Financing
ITB is a leasing facility whereby the Bank (lessor) leases out the identified asset to the customer (lessee). Customers will then use the asset to run their business and generate sales. At the end of the lease period, the customer will purchase the asset from the Bank.
Kafalah Bank Guarantee (KBG)
It is a guarantee issued by the Bank to the Beneficiary (contract awarder/third party) where the Bank undertakes to pay the Beneficiary an agreed sum if the Customer defaults in fulfilling the obligations with the Beneficiary.