Istisna is a type of sale transaction where the buyer places an order with the seller to manufacture certain asset and the sale is completed upon delivery of the asset to the buyer. Istisna is used for providing financing facility for transactions where customer is involved in manufacturing or construction. Under Istisna Financing transaction, the client manufactures goods for the Bank and upon delivery of the goods to the Bank, the client is appointed as Agent of Bank to sell those goods in the market.

Features and Benefits

• Istisna can be used by small, medium, commercial enterprises & corporate entities.
• Istisna is an ideal mode for short term financing as it offers flexible financing terms to match the Customers’ requirements.
• The customer can utilize Istisna financing to meet their working capital requirements.

Shariah Certificate – Istisna Financing