Letters of credit, bonds and guarantees structured under Wakalah (agency) — trade with confidence, locally and across borders.
Milestone's Trade Finance desk supports import, export and local trade through Sharia-compliant instruments — Letters of Credit, bid and performance bonds, and guarantees — structured under a Wakalah (agency) arrangement, where the bank acts on your behalf for an agreed, disclosed fee rather than an interest margin.
Open an account online, or speak to a relationship manager about this product first — either way, you're covered.
Open an Account Already Bank With Us? Internet Banking Ask a QuestionA Qard-based current account built for SMEs, enterprises and corporates — free of interest, built for volume.
Learn more →Asset-backed working capital financing structured as Murabaha — the bank buys what you need and resells it to you at a disclosed mark-up.
Learn more →Acquire plant, machinery or fleet vehicles through Ijarah leasing, preserving your working capital.
Learn more →