SMALL AND MEDIUM-SIZED ENTERPRISES (SMEs) drive economic growth by stimulating innovation, acting as a competitive spur to existing businesses to increase their productivity and making a disproportionately large contribution to job creation. BankIslami Pakistan Ltd (BIPL) is dedicated in supporting SME business with all the products and services available through its branch banking network. The products and services are offered to SME clients strictly under Shariah modes.
|Number of Employees||Annual Sales Turnover||Financing Allowed|
|Upto 50 *||Upto Rs.150 Mn||Upto Rs. 25 Mn|
* including contractual employees
However, in cases where an entity fulfills one parameter of SE and its second parameter falls within the range prescribed for medium enterprise (ME) or above the upper limit prescribed for ME, then the subject entity shall be classified as ME or commercial/corporate entity as the case may be.
* Age of the individuals/sole proprietors should be up to 60 years, deviation in the same up to 65 years can be allowed by approving authority of BankIslami.
Medium Enterprise (ME) is a business entity, ideally not a public limited company which meets the following parameters:
|Number of Employees||Annual Sales Turnover||Financing Allowed (Maximum per party)|
|51-250 for Manufacturing and Service ME
51-100 for Trading ME
|Above Rs.150M and up to Rs.800M for all types of ME||Rs.200M (including leased assets) exposure from single or all banks.|
*In cases where an entity fulfills one parameter of ME and its second parameter falls above the upper limit prescribed for ME, the subject entity shall be classified as commercial/corporate entity as the case may be.
BankIslami offers all basic banking services to suit your routine business needs.
Following are the Working Capital Financing products:
Islamic Export Refinance
Following are the Medium and Long term financing products:
Establishment of Letter of credits (Sight / Usance) and registration of Contract
Collection of export documents
Letter of Guarantee
Flexible pricing (floating / fixed with revision monthly/Quarterly/Half-yearly/yearly).
Long term: Monthly / Quarterly / Half-yearly
Short term: As agreed between client and the bank
Charity @ 20% per annum will be received after due date which will be credited to Charity account.
Private Limited Company:
Risk Sharing Facility for SBP Refinance Scheme to support employment and prevent layoff of workers
Please refer to IH&SMEFD Circular No. 06 and 07 of 2020 dated April 10, 2020 regarding SBP Refinance Scheme to support employment and prevent layoff of workers.
2. With a view to incentivize banks/DFIs for financing to SMEs and small corporates under above mentioned schemes, Government of Pakistan has approved budgetary allocation for ‘Risk Sharing Facility for State Bank of Pakistan (SBP) Refinance Scheme to Support Employment and Prevent Layoff of Workers’. Accordingly, the risk sharing facility is being provided with immediate effect, with following key features.
3. The banks/DFIs are advised to ensure immediate implementation of ‘Risk Sharing Facility for SBP Refinance Scheme to support employment and prevent layoff of workers’ and facilitate the eligible businesses to avail financing under this facility.
You can access the same circular via State Bank’s website by clicking on the following link: