Plant, Machinery and Equipment Financing

Diminishing Musharkah finance will focus on clients who are looking to finance their property and equipment on a long term basis. The basic mechanism of this financing mode will be such that, RBS and its client will participate either in the joint ownership of an equipment or a property. The share of the bank would be further divided into a number of units and it would be agreed that the client will purchase the units of the share of the bank periodically, thus increasing his own share until all the units of the bank are purchased by him so as to make him the sole owner of the equipment, or the machinery, as the case may be. In the mean time the client will also be paying an agreed rental based on some industry benchmark to the bank in proportion to the bank's share in the asset.

Ensuring Shariah Compliance
We at RBS Islamic Banking ensure that all our products strictly meet the highest standards of the Islamic Shariah. This is why we have an in-house Shariah Advisor, who is also advised by our Global Shariah Advisory Board consisting of eminent Shariah Scholars to oversee all banking transactions and business dealings

For any queries on RBS Islamic Banking and Finance please feel free to schedule a meeting with our Islamic Banking team by calling your Relationship Manager at 111-11-71-72.
You may also call our Customer Interaction Centre at 111-06-06-06.