Islamic Refinance Scheme for Working Capital Financing of Small & Low-End Medium Enterprises

Shariah-Compliant Working Capital Support for SMEs

SBP introduces this refinance facility to meet the working capital requirements of small enterprises (SEs) and low-end medium enterprises operating in the SME sector.

This scheme aims to improve liquidity and promote sustainable business operations through Shariah-compliant financing structures.

Modes of Financing: IWCF will be offered through Murabaha and Musawamah contracts
Maximum Tenor: Up to 1 year
Financing Limit: SEs can avail financing up to the per party maximum financing limit allowed under Prudential Regulations (PRs) for SME financing
Refinance Rate: 6.00%