Accepted Bill-i (Sale)

• Accepted Bills-i, is a very useful facility to boost customers' liquidity requirement, whether as an exporter, a manufacturer or a trader.
   
• AB-i is an alternative to the conventional Bankers Acceptance (BA). It is a relatively cheaper form of short term financing for both external and domestic trade as the profit margin is benchmarked to the AB-i Islamic Inter-Bank Money Market rates (Profit is calculated at fixed rate for the period of financing).  
   
• In financing of usance sales, AB-i will facilitate sourcing of immediate funds for working capital for exporters, traders or manufacturers who want to increase sales by offering competitive credit terms to their customers.

*Product are available only at selected business centres