SME Banking (For Construction Equipment & Commercial Vehicles)

SME Banking (Equipment, Raw Material, Commercial Vehicles, Working Capital)

Fulfilling Aspirations with Shariah-compliant financing solutions

Sharing your vision for growth, Sohar Islamic helps you realize your business ambitions in line with Shariah principles. Discover our range of products, responsive service and expert advice that will facilitate growth.

Features:

Financing available up to 90%

Competitive rates

Murabaha or Diminishing Musharaka Products

Quick processing and easy documentation

Maximum tenure up to 5 years

Beneficiaries:

Business sector

Industrial sector

Agricultural sector

Services sector

Contracting sector

Suppliers / Catering services, etc

Entrepreneurs

Traders

Documents Required:

Company papers:
- Authorized signatory list
- OCCI certificate
- MOCI certificate
- CR with Computer Sheets
ID copy for the Sponsor / Partners / Directors:
- Omani Nationals: National ID
- GCC Nationals: Passport or country ID
- Expatriates: Resident ID & Passport with valid Visa
Bank statement of company for the past 12 months
Audited financials (where applicable)
Existing Mulkiya (s) / Contracts
Contracts / Deployment details for proposed asset
Quotation in the name of Sohar Islamic