Islamic SME Asaan Finance (I-SAAF) – Bank Alfalah Islamic

Bank Alfalah Islamic offers Islamic SME Asaan Finance (I-SAAF), a Shariah-compliant financing solution launched by the State Bank of Pakistan to empower small and growing businesses across the country. The scheme aligns with the Government of Pakistan’s vision to promote SME growth and entrepreneurship, providing accessible financing to help businesses scale sustainably.

Eligibility:

• SMEs (new or existing businesses) not currently holding a financing relationship with Bank Alfalah Islamic.
• Available to SME Companies, Sole Proprietors, or Partnership Firms.
• Financing can be availed from one participating bank only.

Financing Limit:

• Up to PKR 10 million per SME or group of SMEs owned by the same owner(s).

Pricing:

• End-user pricing rate: 9% per annum.

Tenor:

• Maximum tenor depends on the terms and conditions of the underlying financing product approved by the bank.

Purpose of Financing:

• Short-term working capital.
• Long-term financing for purchase of raw materials, plant, equipment, machinery, commercial vehicles, and property.

I-SAAF provides a tailored, ethical financing solution to support the growth of SMEs, enabling them to achieve their business objectives while staying fully Shariah-compliant.

For more details:

• Visit your nearest Bank Alfalah Islamic branch or call 021 111225111.
• SBP Scheme Link: I-SAAF Scheme PDF
• I-SAAF Salient Features: FAQs