Bank Alhariah Case Study

CORPORATE BANKING:

Successful businesses often experience considerable pressure on the available finances due to timing difference of cash inflows and outflows. At Bank Alfalah, we understand that your business needs constant access to low cost and flexible financing, in order to meet day-to-day funding needs. Our teams of experienced Relationship Managers with wide sector experience offer you effective cash flow management by way of financing arrangements appropriately structured to your needs and your risk profile.

To fulfill your working-capital financing requirements, Bank Alafalah offers a wide range of products on Shariah compliant principles as follows:

MURABAHA FINANCE:

If you are looking at financing for purchase of raw material and

it gives you pure Islamic solutions for your desired purposes which are as follow:

• To Purchase a plot and subsequently construct upon it (Alfalah Builder)

• To Purchase an already constructed house (Alfalah Buyer)

• To Renew, extend, restore and improve your already owned housing unit (Alfalah Renovation)

Bank Alfalah provide the facility to choose the tenures for the purchase of units from between 3 to 20 years and 3 to 7 years in case of renovation.

Alfalah Hilal Card:

Alfalah Bank provide the facility of Hilal card to its customer around the world which can be utilized for all financial needs and giving you a more secure and convenient mode of payment.

The Alfalah Hilal Card is an International VISA Debit card. It gives an unlimited access to your current/savings (Musharka) account with a simple swipe. Bank provide the facility at more than 1 million ATMs and 27 million outlets around the world.

Features:

There are some reasons that make Alfalah Hilal card different from others:

• There is no monthly repayment

• There are no interest charges on Alfalah Hilah card.

• It is backed by a customer maintained current/savings (Musharakh) account.

• The limit is customer account