Islamic Refinance Facility for Hospitals and Medical CentersIslamic Refinance Facility for Hospitals and Medical Centers

Islamic Refinance Facility for Hospitals and Medical Centers

In this Hour of Need for Pakistan, Let’s fight Corona Virus together

Bank Alfalah offers the State Bank of Pakistan’s concessional Islamic refinance facility to all the hospitals and medical centers of the country that are fighting at the forefront of this national crisis.

In view of health emergency in the country and to facilitate hospitals in entertaining patients even other than those of COVID-19, SBP has extended the scope of refinance scheme to cover setting up or expansion of the existing hospitals and medical centers subject to the following minimum conditions:

  • Registration with respective Provincial/Federal agencies/commissions
  • 50 Bedded tertiary care hospital
  • 24 hours fully equipped emergency
  • In house Laboratory facility including Radiology/ CT/ MRI/ Ultrasound/ angiography/ angioplasty
  • ICU/CCU with ventilators attached to each bed
  • Operation theaters and OPD facility


  • Maximum Financing Limit: PKR 500 million
  • Purpose: i) Purchase of new/existing/refurbished imported and local equipment
    ii) Construction of isolation wards
  • Tenor: 5 years with 6 months grace period
  • Profit rate: Maximum 3% per annum
  • Validity of this facility: 30th June, 2021

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