Dawood Islamic Bank LTD.  
 
March 11,2010 | Rabi`-ul-Awwal 25,1431
Working Capital And Finance

WORKING CAPITAL FINANCE AGAINST LOCAL MANUFACTURED GOODS:


First time in Pakistan DIBL made the “locally saleable fresh finished goods” (produced by a manufacturer) as basis to provide finance to that manufacturer.


Now the manufacturing concerns can avail working capital finance on goods manufactured for domestic market.


The manufacturing concern thus now can enjoy the working capital facility equivalent to the agreed value of their finished goods.


The tenor is made as suitable as the manufacturing concerns are able to manage their cash operating cycle days.

 
 
 
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