We make sure it's always business as usual
As a company grows, working capital becomes essential for maintaining business continuity. Whether customers are looking for short-term financing to complete a project, purchasing raw materials, import/export and/or production of goods, our Sharia’a-compliant solutions are always a perfect fit.
Reap all the benefits
Working Capital Finance from SIB consists of several flexible solutions that can help businesses perform a wide range of Sharia compliant transactions.
These include:
Letters of Credit (LCs), Financing against Export LC, Collections Murabaha and Guarantees
Murabaha (most commonly used by our customers for conducting day-to-day transactions)
Other Sharia compliant financing structures
Innovative solution for corporate Banking
Flexible repayment terms
Customers can choose their repayment terms according to business plans, which helps manage cash flows.
Favorable documentation requirements
The simple, one-time application process helps your businesses to focus on managing their day-to-day activities, while SIB handles their important banking needs.
Sharia compliant products and quick process
Our various Sharia compliant solutions can fulfill business needs with LCs, Guarantees, Financing against Export LCs, Wakala collections, Murabah and other Islamic finance structures that cater to working capital requirements. The robust solutions can also help with faster execution of financial transactions.
SIB continuously strives to better understand and improve customer experiences with state-of-the-art transaction banking and digital services, as well as a variety of innovative features and benefits.
Our Corporate Banking solutions aim to increase your wealth and help you achieve your business goals
- Increase your wealth and make your business goals a reality with Corporate Banking
- Trust our experts to help you get the ideal solution based on footprint, industry and size of your business
Utility payment
It’s easy, quick and convenient. Utility bills can be paid via SIB Online Banking, at a branch, or at any of our ATMs across the network.
Cash delivery
For those looking to get a significant amount of cash delivered, there's no need to carry the risk of doing so in person. SIB delivers cash at specified locations safely, securely quickly and conveniently – while closely following all customer instructions.
Remote cheque scan
This unique service provides customers a way to deposit cheques without the hassle of having to visit a branch, waiting in lines and filling out paper forms. Cheques can be deposited by businesses via digital application from their office quickly and conveniently, with funds credited to the beneficiary's account instantly.
Business Service Unit
This centralized service center is dedicated to supporting corporate banking customers with services such as the submission of various security and transaction-related documents, and much more. The unit brings the bank and customer closer together, and coordinates with all related departments to execute day-to-day transactions.
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