Al Baraka Bank of Sudan, in the form of “restricted speculation”, finances commodity financing in accordance with the financing policies issued by the Central Bank of Sudan.

Eligibility Requirements

Steps to Mudaraba Financing

  • The client submits an application to the bank stating the commodity or project that is the subject of speculation.
  • The bank studies the process, and after ascertaining the economic feasibility, determines the conditions required for its ratification.
  • A contract is drawn up between the bank and the customer stating what has been agreed upon, along with specifying capital ratios and how profits are distributed.
  • The fixed partnership is liquidated by selling the commodity, and the diminishing partnership is liquidated by the bank selling its share to the partner.
  • Mudharib offers a guarantee against infringement and failure.

Frequently Asked Questions

Answers to your questions

Sharia-compliant financing such as Murabaha, car financing, and goods/services financing.

Subject to bank policies and Central Bank regulations, including creditworthiness assessment.

Based on the financing amount and duration after application review.

Through bank branches or digital channels.

Through the branch or customer service.