TIB Riyada
TIB Riyada is a Shariah-compliant business investment solution designed to support entrepreneurs and SMEs with financing of up to BDT 50 lakh. Whether you need working capital, business expansion, fixed assets, or commercial property development, the scheme offers flexible tenures and tailored Islamic financing to help your business grow.
Features & Benefits
- Based on HPSM / Bai-Murabaha/ Bai-Muajjal/ Bai-Salam/ Musharaka / Mudaraba
- Investment Amount: up to BDT 5,000,000.00
- Tenor: For HPSM up to 60 months, for Bai-Murabaha / Bai-Muajjal / Bai-Salam / Musharaka/ Mudaraba Maximum 36 months
- Applicant must be a Bangladeshi citizen
- Minimum age 20 years and maximum age 60 years
Purpose
- To meet up working capital requirement and/ or
- To acquire fixed assets to set up business units/ industries/ expansion of existing business/ repair & renovation, new outlet & building, additional stocks and/ or expansion of commercial property for rental purpose.
Customer Segment:
- Bangladeshi business owners (Trading, Manufacturing, Service, Agro, Export/Import)
- Existing bank/NBFI clients with clean (non-default) records
- Strong transaction history