Enterprise Financing in Association with Tamkeen

• All real estate related enterprises.
• All brokerage houses.
• All financing companies.
• Enterprises partially or fully owned by any of BisB’s or Tamkeen’s employees.
• Any enterprise with non Shari’a compliant activity.

1) LMRA fees payment receipt.
2) LMRA Bahrainization report.
3) Copy of CR.
4) 3 years audit financials.
5) 2 valid ID's of owners.
6) A copy of electricity bill for the last 6 months.
7) 1 year bank statement
8) Article and Memorandum of Association
9) Company profile.
10) Board resolution.
11) A letter specifying the purpose of the finance.
12) Completed and signed finance application form.

• Auto and Equipment Financing: (Murabaha).
• Working Capital Financing: (Tas’heel).
• Trade Finance Transactions: Letter of Credit (LC) and Letter of Guarantee (LG).
• BISB's corporate credit card.

• Minimum Limit: BD10,000.
• Maximum Limit: BD250,000.
• Profit Rate: 4% reducing.
• Processing Charges: BD150 flat, paid cash by the customer.
• Takaful Life Insurance: Individual policy covering the full amount and duration of finance.
• Grace Period: 2 months.
• Maximum Duration: 5 years.

• Minimum Limit: BD10,000.
• Maximum Limit: BD250,000.
• Profit Rate: 4% reducing.
• Processing Charges: BD150 flat, paid cash by the customer.
• Takaful Life Insurance: Individual policy covering the full amount and duration of finance.
• Grace Period: 2 months.
• Maximum Duration: 5 years.

• Minimum Limit: BD10,000.
• Maximum Limit: BD250,000.
• Processing Charges: BD150 flat, paid cash by the customer.
• Takaful Life Insurance: Individual policy covering the full amount and duration of finance.
• Grace Period: 2 months, from the date of disbursing the fund to the beneficiary.
• Finance Duration: 2 years, subject to Bank’s approval.

• Minimum Limit per Card: BD2,000.
• Maximum Limit: Based on financial positon and requirment.