Close
EN
BM

Personal

Business

Financing

Bai’ Al Dayn Working Financing-i (BWCF)

Bai’ Al Dayn refers to the sale of a debt arising from trade and services transaction in the form of a deferred payment sale. The customer sells this debt to the Bank at a discount.

Financing

Bai’ Al Dayn Working Financing-i (BWCF)

Bai’ Al Dayn refers to the sale of a debt arising from trade and services transaction in the form of a deferred payment sale. The customer sells this debt to the Bank at a discount.

Benefits

Customer gets paid from the Bank before realization of the sale.

Features

The cost must be revealed;
The price and tenure of the lump-sum deferred payment must be agreed upon by the Bank and the customer;
The Bank appoints customer as an agent to sell on its behalf;
Only trade transaction on usance term is allowed;
Financing for finished goods.

You might also be interested in

Al Kafalah Bank Guarantee (KBG)
Al Kafalah Shipping Guarantee (KSG)
Chat with us on
WhatsApp
AUSTRALIAN DOLLARAUD2.9320002.7680002.752000
BRUNEI DOLLARBND3.4160003.2140003.203000
CANADIAN DOLLARCAD3.2110003.0930003.076000
SWISS FRANCCHF5.1530004.9230004.905000
EURO EUR4.8370004.5630004.541000
STERLING POUNDGBP5.7920005.5290005.520000
NEW ZEALAND DOLLARNZD2.7340002.5350002.520000
SINGAPORE DOLLARSGD3.4160003.2140003.213000
UNITED STATES DOLLARUSD4.5550004.3050004.288000

2024-12-06 08:27:36