Al Musharaka

Al Baraka Bank of Sudan provides financing in the form of participation for existing projects or new projects, fixed or decreasing participation in which it contributes in an equal or varying percentage, and the profits are distributed according to the contribution to the capital.

Musharaka application segments

The partnership is suitable for contributing to the capital of new or existing projects, such as industrial facilities, farms, hospitals, and everything that would be a regular income-producing project, where the bank provides part of the project capital.

Eligibility Requirements

Musharaka financing steps

  • The client submits a request to the bank in which he clarifies the commodity or project subject of the partnership (from within Sudan or through import), the partnership capital, the percentage of the client in the partnership capital, the method of paying this percentage in cash or in kind, with the submission of feasibility studies and the necessary documents.
  • 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, in which it clarifies what has been agreed upon, along with specifying the capital ratios and the method of distributing the profits.
  • An account is opened for the participation capital with the bank, in which the two parties deposit the participation capital, and it is disbursed from it to pay the value of the commodity or establish the project.
  • The fixed partnership is liquidated by selling the commodity, and the diminishing partnership is liquidated by the bank selling its share to the partner.

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.