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Musharakah Export Finance
Post export finance plays an important role to facilitate the exporter to meet up their various business needs. For local export EBL Islamic Banking prepared Musharakah Export Finance (MEF).This is an alternative to conventional FDBP or LDBP. To get the facility, the client has to make contract before shipment of export goods.
Salient Features
- This is a Product under the Shariah contract of Shirkat.
- Short-term financing facility.
- Export finance mechanism under Musharakah principle.
- To provide financing facility to the exporters/deemed exporters/sellers to execute export orders.
- Allowed in post-shipment stage complying Shariah principles.