Istisna
Mustaqeem Istisna allows financing facility in transactions where manufacturing or construction is involved. Istisna allows the luxury to the customer to utilize the funds disbursed for payment of wages, overhead etc.
Istisna is a sale transaction, where the buyer places an order to manufacture certain asset(s) and the sale is completed upon delivery of the asset(s) to the buyer.
Features and Benefits
- Istisna can be used by small, medium, commercial enterprises & corporate entities.
- Istisna is an ideal mode for medium to Short term finance as it offers flexible financing terms to match the Customers’ requirements.