State Bank of Pakistan has introduced a Musharakah-based Islamic Export Refinance Scheme (IERS) to meet the export financing requirements of banks conducting operations under Islamic Modes. IBIs can avail this facility under both parts of SBP’s Export Finance Scheme (EFS). The framework of the IERS is based on the concept of Profit & Loss Sharing.
Showing posts with label What are the features of State Bank’s Islamic Export Refinance Scheme?. Show all posts
Showing posts with label What are the features of State Bank’s Islamic Export Refinance Scheme?. Show all posts
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