Contract Financing

The basic financial product to be offered under the program will be PMB Tijari’s Murabahah, Tawaruq and / or Ijarah Financing Facility(ies), which caters for Revolving and / or Non- Revolving short-term facility as required by the Customer. This financing programme is for customers who are Main Contractors or Nominated Sub-Contractors having secured contract(s) from approved contract awarders from Government, Semi-Government or Government-Linked Companies (GLCs) and/or Public Listed or Private Companies accepted and approved by PMB Tijari.

Invoice Financing

Invoice financing is a form of short-term financing that is extended to a customer based on the customer’s unpaid invoices. Through invoice financing, a customer sells its accounts receivable to us to improve its working capital, which would provide the business with immediate funds that can be used to pay for expenses.

General / Revolving Facility

This financing is revolving in nature and is normally being used to facilitate smaller ticket-sized Contracts (which can be in the form of purchase orders, invoices, work orders or any other form of documents to that effect) but on regular basis.

Specific / Non-Revolving Facility

Financing of a Specific Contract and at the end of the contractual period, the approved facility will be settled, limit zerorized and cancelled.

Letter of support

Obtaining a financial support letter is a process to confirm the arrangements of financial solutions to meet clients’ needs and financial objectives. PMB Tijari are prepared to consider granting financing facilities to support the clients’ project should the company is successful in its tender/proposal.