Overview

IFH offers you the following appropriate Shari`a compliant comprehensive range of Trade Finance services that meet the needs of your business in various economic sectors, such as:

Import:

• Letters of Credit
• Bills for Collection
• Shipping Guarantees
• Murabaha Financing for Letters of Credit

Export:

• Export Letters of Credit and Confirmation thereof
• Pre-Shipment Export Financing
• Export Bills for Collection

Guarantees (Terminable Indemnities)

• Bid Bond
• Performance Bonds
• Advance Payment Bonds
• Maintenance Guarantees
• Retention Money Guarantees
• Trade License Guarantees
• Al Rabeh Guarantee (Labour Guarantees)*
• Financial Guarantees

*AL RABEH GUARANTEE

Al Rabeh Guarantee is the Labour Guarantee offered by Islamic Finance House to all commercial establishments operating in the UAE with the following value added benefits:

• Free of cost of issuance
• No e-Guarantee charges (AED 25 per Labour)
• No e-Dirham Fees (AED 3 per single card transaction)
• Margin money parked in competitive profit bearing accounts
• Quick and hassle-free processing time
• Easy process for replacement of existing Labour Guarantees issued by other banks