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.