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Import Financing
Import Financing
Shabelle Bank will use a range of Islamic banking tools to finance various aspects of the import process in a “Shari’ah” compliant manner. The bank will have the capacity to facilitate the following import elements.
- Imports under Documentary Credit (Sight & Usance).
- Imports under Collection (DP & DA).
- Import Financing.
- Shipping Guarantees.
Shabelle bank will also facilitate requirements for bonds/guarantees that are required by an importer.