SME Loans


Loan details and Information:

  • Loan amount from 5 million to 50 million Iraqi dinars.
  • Murabaha ratio is 8% per annum (Islamic Murabaha).
  • Murabaha period: from 1 to 3 years’ maximum.
  • The loan is not granted by hand, but the facility is granted on the basis of the offer of prices for the material to be purchased by the customer and then payment to the supplier directly.
  • We can support projects by the following sectors: Agricultural • Industrial • Commercial • Health Services • Education Sector • Tourism.

Terms & Conditions:

  • A mortgage that should cover 200% of the loan amount
  • The guarantors number 2 or more from a government agency + the executive bill when the request is to be signed by both the debtor + the guarantors at the execution department and according to what is done in the bank.
  • The fees for the real estate disclosure amount of 60 thousand Iraqi dinars.
  • A bill issued by our bank (ratified by the executive branch).
  • Required documents:

    Identity – Nationality certificate – ration card – New support for housing or residence card or a unified identity – Copy of passport if any.

  • Tenancy Contract
  • Feasibility Study
  • license of the project

For more information visit one of our branches

or call main branch\credit department 07508617962

or email us via