Islamic SME Asaan Finance (I-SAAF) SBP introduced this refinance facility for wide range of SMEs. Financing shall be available for Term finance as well as working capital finance.
Salient Features I-SAAF shall be financed through Islamic modes i.e. Diminishing Musharakah, Murabahah & Musawamah. All SMEs (new businesses as well as operative businesses) that are new customers of ABL will be eligible. Financing Limit Up to Rs.10 million Tenor: As per terms and conditions of the facility approved. Refinance Rate is 9.00%
