Beginner's Guide to Exporting. 4th Edition.

2 2 Beginner’s Guide To Exporting SOURCING FOR EXPORT FINANCING CHAPTER 5 5.2.2 Islamic Trade Financing Why you need to have Islamic trade financing facility * ? • You don’t have to rely heavily on your cash in export / import activity. You can use trade instruments offered by Islamic banks. Benefits of using Islamic trade financing facility as a choice in your business: • Able you to have a good cash flow. • Better mode of trade payment – bank to bank payment. • As a preparation for you if you want to scale up your business activity in the future. *All financing facilities are Shariah-compliant. PURCHASE / IMPORT TYPE POSSIBLE RELEVANT PRODUCTS Financing Trust receipt-l Invoice Financing-l Accepted Bill-I Foreign Currency Trade Financing-I Services Letter of Credit-l Inward Bill of Collection Guarantee Standby Letter of Credit Shipping Guarantee Bank Guarantee-i One to One Guarantee SALES / EXPORT TYPE POSSIBLE RELEVANT PRODUCTS Financing Export Financing-l Invoice Financing-l Accepted Bill-I Foreign Currency Trade Financing-I Foreign Bill of Exchange Purchase-I Domestic Bill of Exchange Purchase-I Guarantee Letter Credit Advising Outward Bill of Collection TYPE POSSIBLE RELEVANT PRODUCTS Guarantee Bank Guarantee-i One to One Guarantee-I RAW MATERIALS PRODUCTION RECEIVABLES CASH/ CAPITAL Supported by takaful solutions for all business cycle FINISHED GOOD