Murabahah Revolving Financing
Unique Features
Murabaha Revolving Financing facility is a short or medium-term financing facility by which the customer may use the financing for the purchase of merchandise, raw materials, consumables, etc. to overcome the applicant’s working capital constraint.
Murabaha Revolving Financing Facility is similar to Murabaha Term Financing, but in case of the former limit is set and it has a revolving nature.
Murabaha Revolving Financing Facility shall be availed for a maximum period of one year and reviewed every year unless the bank demands it to be reviewed in less than this period by the Financing approval team for any remedial action when the performance of the account is deteriorating.