Instead, the bank earns profit (markup) and fees on the financing facilities that it extends to customers.
"In that regard, it is in discussion with lenders regarding possible supplemental financing facilities."
Bai' al inah is a financing facility with the underlying buy and sell transactions between the financier and the customer.
Like Bai' al 'inah, this concept is also used under an Islamic financing facility.
The company is also continuing discussions with its lenders regarding existing and possible supplemental financing facilities.
The consortium is exploring financing facilities of up to 80% of the planned investment.
The Fund currently provides financing, facilities and administrative support for twenty-nine Louisville area arts groups and programs.
If the current ratio is too high, then the company may not be efficiently using its current assets or its short-term financing facilities.
Among other things, we should utilise the financing facilities that are already available, and I would advocate the greater utilisation of the structural funds, for example.
It is a major step forward that funding will be channelled through a special financing facility and not through the European Development Fund.