Sterling Alternative Project Finance is for those interested in financing developmental projects. It operates based on the non-interest banking principle of Istisna’ in which the Bank undertakes to produce or manufacture certain assets or projects for a client based on agreed specifications at a determined price and for fixed future date of delivery.
- Financing available for SAF account holders
- Application letter
- Management and company profile
- 12 months statement of account from existing bankers
- Land title documents
- All relevant building permits
- Details of developer as requested by bank