Exim bank Bangladesh limited is a Islamic saria bank.

As a Islamic saria bank it follows all the rules and regulation as per quran and sunna. It also follow the guideline of Bangladesh bank . It provides working capital to different business but it does not define it as working capital. It provides this kind of short term load as the name of their general credit. There is no other name of this kind of loan. There is no special mechanism for providing working capital. They provide working capital as per their general credit mechanism. Exim bank provide working capital all the business which is supported by Islam. Exim bank does not provide working capital to service sector. Mostly it provide working capital is production sector. It also prefer to provide workin capital to export and import base business. To provide working capital bank firstly evaluate the creditworthiness of the borrower. It also evaluate the relationship with the bank. If the bank think that the borrower is strong enough top repay the loan then it provide the loan. Exim bnak provide its all the loan on the basis of collateral. Except some special cases. If the relation with the customer is very good and the bank has enough evidence to believe that the customer will repay it timely then it can sanction loan without collateral. The kinds of collateral is different on different customer. Mostly it depends on the situation and the relationship. There is no maximum limit for working capital . customer can take any amount of loan by giving sufficient collateral. It is a great advantage for the business which needs big amount of loan as working capital. As exim bank is a Islamic bank ,so they dont follow a fixed interest rate. They follow a profit structure which is based on the direction of Bangladesh bank. Now the instruction of Bangladesh bank on working capital is 18.5%. It can be fluctuate 1.5% upward and downward. So on the basis of this direction they settle their profit structure. Another thing is here important which is it provide cheap credit to big borrower and credit is little bit more costly to small borrower. The main terms and condition for providing working capital is the business should be Islamic. Another thing is the borrower should provide all the proper document about there business like trade license , TIN number of course National ID and other relevant document. There must be collateral. Generally it do not accept third party guarantee but in some cases where the third party guarantee is strong enough to believe that the loan will be paid by the third party if the borrower fails to repay. Exim bank provide lien facilities against MTDR/FDR, MSS, DPS . This bank does not provide any loan against account receivable. Exim bank has a special efficiency in LC facilities. To open LC collateral is must. It also open LC on FDR and DPS.