Islamic Financing Facility for Storage of Agricultural Produce (IFFSAP)

Shariah-Compliant Refinance Scheme for Storage Infrastructure

Overview – (IFFSAP)

SBP introduces this refinance facility for the establishment, expansion, and BMR (Balancing, Modernization & Replacement) of storage facilities for agricultural produce.

IFFSAP shall be financed through the Diminishing Musharakah mode.
Maximum tenor of financing:
- For SMEs: Up to 10 years including a grace period of up to 6 months
- For non-SMEs: Up to 7 years including a grace period of up to 6 months
Refinance Rate: 6.00%