Accepted Bills-i (Purchase) is a short-term working capital financing available for Buyers/Importers to finance their purchase of goods and commodities and is payable on a specified future date.
Based on Shariah principle of Murabahah (for Import/Purchase).
Accepted Bills-i (Sale) is a short-term working capital financing available for Sellers/Exporters to finance their sales of goods and commodities and is payable on a specified future date.
Sellers/Exporters can obtain financing and receive cash earlier on the extended credit terms on Sales or Exports.
Based on Shariah principle of Bai’ Al-Dayn (for Export/Sale).