Let us help you finance your business activities: NBC buys the goods, such as machinery or raw materials on your behalf and adds a profit margin.

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The benefits of the NBC La Riba Forward Exchange Contract

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Shari’ah-compliant

Based on the Murabaha Islamic finance instrument.

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Flexibility

Can be used for purchases of between TZS1 million and TSZ5 billion.

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Repayment

Flexible repayment periods of 1 to 4 years.

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Benefits

Wakalah LC option available.

How do I get it?

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Get started

Simply complete our online form and we will contact you, or visit your nearest branch.

What to bring when you apply

  • Company profile
  • TIN/VAT registration
  • Business licence
  • Bank statement
  • Management Account
  • Audited financial statements
  • Memorandum and Articles of Association
  • Business Plan
  • Proof of land rent paid
  • Cash flow projectionss
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Benefits
  • Murabaha finance facility
  • Shari’ah-complaint
  • Competitive profit rates
  • Financing up to TZS5 billion
  • No deposit required
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Important information
  • Can be used to purchase for the purpose of business, machinery, raw materials, etc., costing between TZS1 million and TSZ5 billion
  • Flexible repayment tenures from 1 year up to 4 years
  • Can be used for purchase of products locally and internationally
  • Requires security
  • For established businesses and organisations

Need more information or assistance?

Call us:

+255 22 219 3000 

Email us:

contact.centre@nbctz.com

Contact usFind a branch