Apna Karobar – Premium Murabaha Financing

U Bank Islamic Banking offers a Shari’ah-compliant financing facility based on Murabaha – Trade base Islamic mode of finance for small and medium-sized entrepreneurs or Salaried individuals to help them meet their business financial needs against a collateral of gold, property, vehicle, lien on savings, TDR or transfer of Salary in U Bank. By availing the Apna Karobar financing facility, retailers, medium-sized firms, and school owners can expand their existing businesses by purchasing assets, including various commodities, livestock, bikes, solar panels and batteries, three wheeler loader or rickshaw, raw material, etc. and necessary business equipment.

Salient Features

Financing Facility: PKR 30,000 to PKR 5,000,000

Financing Facility: PKR 2,000,000 against your salary

Financing Tenure: 01 to 60 Months

Financing repayment in monthly or half-yearly (semi-annual) installments or Bullet

Hassle-free processing

Complementary credit Family Takaful facility

Financing facility for women on a priority basis

Financing against collateral

Required Documents

Valid CNIC
One passport-sized photograph
Copy of utility bill of applicant

Terms & Conditions are applicable

FAQs

Who can apply for this financing?

Any resident Pakistani with a valid CNIC/NICOP.

What is the eligibility criteria?

The applicant must own a business.

Is there any age limit for the customer to avail this financing?

The applicant must be between 18 and 68 years old at the time of application and maturity, respectively.

What is the procedure to apply for this financing?

The customer will be required to follow the following steps:

Visit nearest U Bank Islamic Banking branch
Provide the required KYC documents
Provide collateral related documents
Sign financing application form and submit

What documents are required to avail this financing facility?

Valid CNIC
One passport-size photograph
Proof of business
Bank statement
Bills / Sales purchase record
Proof of collateral
Last paid utility bill

What kind of processing charges are there?

Financing Application Fee
Processing Fee
Collateral Valuation Charges
Legal Opinion (if applicable)

What kind of collateral is required for this financing?

The financing can be availed against a collateral of gold bullion, gold ornaments, gold biscuits, jewelry, etc. or Equitable, Registered or Token Registered Mortgage of shop, business, residential of sole proprietor or partners, Hypothecation charge on Personal or Business Vehicle, charge creation on Agri Land, lien on Deposit or TDR, Lien on Government Securities (DSC, SSCs, Behbood Certificate), and any other Moveable or Immoveable property against which U Bank can create charges, as per bank policy. Maximum limit is PKR. 5,000,000 against Gold Collateral. However, in case of other Collateral options maximum limit is PKR. 3,000,000.

For what purpose can I receive this financing?

The applicants can receive this financing facility for business purposes.

Is this Shari’ah-compliant?

Yes – It is Shari’ah-compliant financing based on Murabaha – Trade base mode of financing

Apna Karobar – Premium Murabaha Financing

How Much do you need ?

Rs 30,000 Rs 5,000,000

6 months 60 months

YOU ARE GETTING

Rs. 0

TERMS OF USE

Months

Total Profit

Rs. 0

INSTALLMENT AMOUNT

Rs. 0

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Success Stories

Bringing Dreams to Life

Yasir Sheikh, a resident of Sheikh Muhalla in Shikarpur, Sindh, always dreamed of running his own business. He began with a small cart selling snacks on the street and gradually expanded to owning a grocery store. As his family grew, Yasir’s desire to provide a quality education for his children intensified. He enrolled them in good private schools, but soon found himself struggling to manage the school fees alongside daily expenses. Faced with the difficult choice between feeding his family and paying for education, Yasir felt overwhelmed and worried. In search of a solution, Yasir turned to U Bank for financial support. The bank's staff guided him through the loan options, and he quickly secured the necessary funds with Barhta Karobar Plus Loan. Within a year, Yasir not only expanded his grocery business but also successfully repaid the loan. Today, his store offers a wider variety of products, his income has increased, and his children are receiving the education he always dreamed of providing. Yasir’s story is a testament to how U Bank's microfinance services can empower small businesses to improve lives and livelihoods in Pakistan.

From Salesman to Business Owner

M. Iqbal Qadri from Adda Shabeel, Sahiwal – Punjab, Pakistan, is a determined business owner, who was working for a small pharmacy as a salesman before progressing to opening his own shop in Sahiwal. Sahiwal, where he is from, is an agricultural region and his family had traditionally been farmers. Between 2006 and 2007, Iqbal worked as a salesman, before he decided to open up his own retail store. He further required capital to expand it and increase his customer inflow. With suggestions from his friends, he twice availed the U Bank Islamic Banking - Apna Karobar Premium Murabaha Financing facility to add investment to his store for its growth. Today, he owns the shop himself, has added inventory and variety to his store, does not have to pay rent, sends his kids to good schools, and is living a good life.

U Bank Transforming Lives of Entrepreneurs

In the rural town of Kot Laysan, Rajanpur, Punjab, Tauqeer Ahmed has been running a successful clothing shop in Saddar Bazaar for 16 years, offering a wide variety of female clothing, from formal wedding clothes to casual dresses. Before starting his own business, Tauqeer worked as a salesman in a jewelry store for a decade, where he struggled with financial constraints. Realizing the potential in the clothing market, he decided to open his own shop, which required less initial investment and promised higher sales. To further expand his business, Tauqeer turned to U Bank for a Running Finance facility. The bank responded promptly, processing his loan quickly and offering a low markup rate. With this financial support, Tauqeer was able to invest in his business, resulting in substantial growth. Now, he enjoys daily sales of thousands of rupees, his income has improved significantly, and he has elevated his household's living standards. Tauqeer’s story highlights the vital role that U Bank's microfinance services play in empowering small and medium-sized businesses in Pakistan.

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