Products & Services
Istisna Financing
Manufacturing/asset construction financing under Istisna.
Shariah-Compliant Project Financing
Istisna Financing allows clients to execute production or construction projects with Rammis Bank’s support, ensuring Shariah compliance, ethical management, and deferred delivery.
- Shari’ah Compliance: Fully aligned with Islamic principles.
- Custom Production Financing: Enables financing for goods or assets manufactured or constructed according to client specifications.
- Deferred Delivery: Payment can be made in advance, during, or after the manufacturing/construction period.
- Flexible Payment Terms: Payment schedules can be tailored to suit client needs.
- Risk Management: The bank monitors the project to ensure compliance with agreed specifications and quality standards.
- Project-Based Financing: Suitable for large-scale construction, manufacturing, or bespoke production projects.
- Detailed Project Proposal.
- Shari’ah Compliance: Project and financing terms must adhere to Islamic financial principles.
- Cost & Capital Estimation: Accurate estimation of production or construction costs.
- Documentation: Submission of all legal, technical, and financial documents relevant to the project.
- Transparency: Open communication between the client and bank to ensure smooth execution and monitoring.
- Project Assessment and Agreement: Evaluation of feasibility, specifications, and formal agreement.
- Capital Provision and Production Initiation: Bank provides financing; client may contribute partially.
- Monitoring and Supervision: Bank oversees progress and quality.
- Delivery and Completion: Goods or assets delivered per agreed timeline.
- Payment Settlement: Final payments made based on contract terms.