{"id":57,"date":"2018-08-15T11:23:45","date_gmt":"2018-08-15T11:23:45","guid":{"rendered":"http:\/\/unifytrade.com\/dibbeta\/?page_id=49"},"modified":"2018-09-27T09:59:33","modified_gmt":"2018-09-27T09:59:33","slug":"business-finance","status":"publish","type":"page","link":"https:\/\/www.dibpak.com\/index.php\/consumer-finance\/business-finance\/","title":{"rendered":"Business Finance"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<h2>Dubai Islamic Business Finance<\/h2>\n<p>Dubai Islamic Business Finance is a Shari\u2019a compliant term finance facility which provides a complete solution for fulfilling the financial needs of your business. Using the Shirkatul Melk cum Ijara model, DIBPL enters into a Shirkatul Melk relationship with you by purchasing an undivided share of your residential property and subsequently leases to you this undivided share in the property against monthly rentals thus helping you in fulfilling your business needs conveniently and in a fully Shari\u2019a compliant manner. This product is available for new as well as those who already have a business finance facility from another bank and wish to bank the Islamic Way!<\/p>\n<p>Dubai Islamic Business Finance offers two product variants:<\/p>\n<ul class=\"list-unstyled aa-ul\">\n<li>Purchase of undivded share (New to Bank \/ Fresh)<\/li>\n<li>Purchase of undivided share of property from other banks (Balance Transfer)<\/li>\n<\/ul>\n<h2>Fatwa<\/h2>\n<div>\n\n\t<div class=\" download_link \">\n\t<a href=\"https:\/\/www.dibpak.com\/wp-content\/uploads\/2018\/09\/Fatwa-Business-Finance.pdf\" class=\"vc_row wpb_row vc_row-fluid\" >\n      <div class=\"d-reports-box \">\n            <div class=\"col-md-9 pl-0 pr-0 float-left\">\n                <h6 class=\"mb-0\">Download Fatwa<\/h6>\n               <h5 class=\"mt-0\">PDF Download<\/h5>\n            <\/div>\n            <div class=\"col-md-3  pl-0 pr-0 float-left text-right\"><img decoding=\"async\" src=\"https:\/\/www.dibpak.com\/wp-content\/themes\/dib\/assets\/images\/report-img.png\" class=\"mt-2 mr-2\"><\/div>\n        <\/div>\n\t\t<\/a>\n\t\t<\/div>\n\t<\/div>\n<h2>Why is Dubai Islamic Business Finance the Best Choice<\/h2>\n<p>There are so many reasons that make Dubai Islamic Business Finance the right choice!<\/p>\n<ul class=\"list-unstyled aa-ul\">\n<li>The only product of its kind available in the market<\/li>\n<li>Shari\u2019a Compliant<\/li>\n<li>Minimum financing amount of Rs. 500,000<\/li>\n<li>Maximum financing of up to Rs. 20 million*<\/li>\n<li>Swift application processing time<\/li>\n<li>Affordable and competitive monthly rental<\/li>\n<li>Financing up to 70% of your property value<\/li>\n<li>Early &#038; Partial settlement options* <\/li>\n<li>Tenor rescheduling option* <\/li>\n<li>Complimentary Property Takaful<\/li>\n<p>\n<b>*Terms &#038; conditions Apply<\/b>\n<\/ul>\n<h2>Eligibility<\/h2>\n<h2>Customer Eligibility Criteria<\/h2>\n<ul class=\"list-unstyled aa-ul\">\n<li>Pakistani National<\/li>\n<li>Age 25-60 years<\/li>\n<li>Minimum monthly net income of Rs.50,000 for Self-employed\/ Businessmen\/Professionals<\/li>\n<\/ul>\n<h2>Property Eligibility Criteria<\/h2>\n<p>The qualifying property must be located in the following Cities of Pakistan:<\/p>\n<ul class=\"list-unstyled aa-ul\">\n<li>Karachi<\/li>\n<li>Lahore<\/li>\n<li>Islamabad<\/li>\n<li>Rawalpindi<\/li>\n<li>Faisalabad<\/li>\n<li>Multan<\/li>\n<li>Bahawalpur<\/li>\n<li>Sialkot<\/li>\n<li>Gujranwala<\/li>\n<li>Hyderabad<\/li>\n<li>Peshawar<\/li>\n<\/ul>\n<p>The minimum value of the property must be greater than Rs.2,000,000<\/p>\n<h2>Documents Required<\/h2>\n<ul class=\"list-unstyled aa-ul\">\n<li>Copy of primary applicant\u2019s CNIC<\/li>\n<li>Copy of Co-partner\u2019s CNIC, if necessary<\/li>\n<li>2 Passport Size Photographs<\/li>\n<li>Tax Returns<\/li>\n<li>Copy of Utility Bill<\/li>\n<li>Professional Degree (for self-employed professionals only)<\/li>\n<li>Proof of Profession<\/li>\n<li>Bank statement of the last 12 months &amp; Bank Certificate<\/li>\n<\/ul>\n<h2>FAQs<\/h2>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_toggle title=&#8221;Who can apply for Business Finance facility?&#8221; style=&#8221;round_outline&#8221; size=&#8221;sm&#8221; el_id=&#8221;1471544079594-e24665a8-78cb&#8221;]<\/p>\n<ul class=\"list-unstyled aa-ul\">\n<li>Self Employed Professional (SEP)<\/li>\n<li>Self Employed Businessman (SEB)<\/li>\n<\/ul>\n<p>[\/vc_toggle][vc_toggle title=&#8221;In how many cities is Business Finance Facility available?&#8221; style=&#8221;round_outline&#8221; size=&#8221;sm&#8221; el_id=&#8221;1471544464311-1ac1e239-4bb6&#8243;]<\/p>\n<ul class=\"list-unstyled aa-ul\">\n<li>Karachi<\/li>\n<li>Lahore<\/li>\n<li>Islamabad<\/li>\n<li>Rawalpindi<\/li>\n<li>Faisalabad<\/li>\n<li>Multan<\/li>\n<li>Bahawalpur<\/li>\n<li>Sialkot<\/li>\n<li>Gujranwala<\/li>\n<li>Hyderabad<\/li>\n<li>Peshawar<\/li>\n<\/ul>\n<p>[\/vc_toggle][vc_toggle title=&#8221;What is the minimum and maximum financing limit available for Business Finance?&#8221; style=&#8221;round_outline&#8221; size=&#8221;sm&#8221; el_id=&#8221;1471544489481-32fd7783-9c30&#8243;]Rs 500K \u2013 20 million<br \/>\n[\/vc_toggle][vc_toggle title=&#8221;Who can be Co-partner?&#8221; style=&#8221;round_outline&#8221; size=&#8221;sm&#8221; el_id=&#8221;1471544520304-396dbaef-2949&#8243;]Only spouse and immediate blood relatives (Son, Father, brother and mother) except daughter &#038; sister, can be co-partners.[\/vc_toggle][vc_toggle title=&#8221;Can a commercial property be financed or not?&#8221; style=&#8221;round_outline&#8221; size=&#8221;sm&#8221; el_id=&#8221;1471544556209-5ac5ffb9-f1c7&#8243;]As per State Bank\u2019s Regulations for Consumer Financing, only residential property is allowed to be financed under Home Finance product.[\/vc_toggle][\/vc_column][\/vc_row]<\/p>\n<h2>Contacts<\/h2>\n<p>Contact Details of the Concerned Personnel\/Representatives<\/p>\n<p>To know more about the Dubai Islamic Business Finance Products, please call DIBPL Phone Banking at 111-786-DIB (342). You may also visit or contact our dedicated personnel\/representatives at the following address and contact numbers:<\/p>\n<p>City : Karachi<br \/>\nDir Tel : 021-35203670<br \/>\nAddress : Karim Chambers CL5, 6\/2 Civil Lines Karachi<\/p>\n<p>City : Lahore<br \/>\nDir Tel : 042-5788836<br \/>\nAddress : Gulberg Branch 10K Main Boulevard Gulberg II Lahore.<\/p>\n<p>City : Faisalabad<br \/>\nDir Tel : 041-8555471<br \/>\nAddress : 575-B, Millat Plaza, People\u2019s Colony, Satiana Road, Faisalabad<\/p>\n<p>City : Rawalpindi\/Islamabad<br \/>\nDir Tel : 051-4852081<br \/>\nAddress : 67A Satelitte Town Murree Road Rehmanabad.<\/p>\n<p>For more details, visit our nearest Sales &amp; Service Centre or Branch or contact at 111-786-342 \/ email <a href=\"mailto:cmrcs@www.dibpak.com\">cmrcs@dibpak.com<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] Dubai Islamic Business Finance Dubai Islamic Business Finance is a Shari\u2019a compliant term finance facility which provides a complete solution for fulfilling the financial needs of your business. Using the Shirkatul Melk cum Ijara model, DIBPL enters into a Shirkatul Melk relationship with you by purchasing an undivided share of your residential property and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.dibpak.com\/index.php\/consumer-finance\/business-finance\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Business Finance&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":3338,"parent":56,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/pages\/57"}],"collection":[{"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/comments?post=57"}],"version-history":[{"count":19,"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/pages\/57\/revisions"}],"predecessor-version":[{"id":4423,"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/pages\/57\/revisions\/4423"}],"up":[{"embeddable":true,"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/pages\/56"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/media\/3338"}],"wp:attachment":[{"href":"https:\/\/www.dibpak.com\/index.php\/wp-json\/wp\/v2\/media?parent=57"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}