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facility designed to meet liquidity requirements of the customers involved in manufacturing/trading of goods
HBL Tijarah is a short-term trade-based financing facility designed to meet the liquidity requirements of the customers involved in the manufacturing/trading of goods.
All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.
Under this facility, the bank purchases the customer’s finished goods on a spot payment basis and then appoints the customer as its agent to sell the same in the market. The customer finally settles its financing with the bank upon receipt of proceeds from the ultimate buyer.