INTRODUCTION

Agriculture is a crucial sector in Pakistan’s economy, contributing almost one-fourth of the country’s GDP, around 60% of exports, and employing 40% of the labor force. Recognizing its significance, Bank Alfalah Islamic is committed to support the agricultural sector in Pakistan and brings you Islamic Agri financing solutions, now added to its Islamic Product suite.

Alfalah Islamic Agri Financing facility caters to the needs of this imperative sector by providing short-term and long-term production finance, working capital financing, and financing options for both farm and non-farm activities. The financing is aligned with the crop cycle of the Agri customers to match their financing needs.

VARIOUS SCHEMES UNDER AGRI FINANCING FACILITIES OFFERED BY BANK ALFALAH ISLAMIC

• Alfalah Islamic Musalsal Zarie Sahulat: 

Alfalah Islamic Agri Financing facility for short term production finance facility and for immediate working capital needs of Agri customers. 

• Alfalah Islamic Tractor and Transport Zarie Sahulat: 

Alfalah Islamic Agri Financing for purchase and leasing of tractors, trolleys, pickups, motorcycles, trucks, refrigerator van, mini truck, transport machinery, country boat or other such items.

• Alfalah Islamic Machinery & Equipment Zarie Sahulat:

Alfalah Islamic Agri Financing facility for purchase of machinery and equipment, such as combined harvester, thresher, picker, digger, trolley, planter, sowing drill, cultivator, plough, power tiller, harrow, cane crusher, tobacco curing equipment, bio gas unit, sulphuric acid generator and effective microbes technology (EMT).

• Alfalah Islamic Aabpaash Zarie Sahulat: 

Alfalah Islamic Agri Financing Facility for purchase, installation of tube wells, turbines, lift pumps, electrical installation including cost of power lines and transformer, sprinkler, trickles and drip irrigation system.

• Alfalah Islamic Islah-e-Araazi Zarie Sahulat: 

Alfalah Islamic Agri Financing facility for land development and improvement, land leveling laser leveling, clearance of jungle, farm field layout, terracing, contouring, soil reclamation, embankment, land formation, bund construction of mini dam, check karez, water reservoir, water catchments for rain fed areas and water course

• Alfalah Islamic Poultry Zarie Sahulat: 

Alfalah Islamic Agri Financing Agri financing facility for working capital and fixed investment needs such as broiler and layer production, breeder flock, GP flock, hatchery, product processing, packing, transportation, storage and compound feed making

• Alfalah Islamic Dairy & Livestock Zarie Sahulat: 

Alfalah Islamic Agri financing facility for working capital and fixed investment needs such as dairy and milk animals, feed lot and fattening station structure and equipment, livestock farm structure and equipment, fattening of animal, milk chilling plant, milk plant, cold storage, construction of sheds for animal, opening of private veterinary clinics (veterinary equipment), opening of veterinary store, milk plant and other eligible items.

• Alfalah Islamic Fisheries Zarie Sahulat Inland: 

Alfalah Islamic Agri Financing facility for working capital and fixed investment needs such as fish seed and feed, manure charges, running  expenses of tube well pumps, construction, excavation, expansion and rehabilitation of ponds, installation of tube wells, water channels, fencing, boats, net twine, rope, fish yards and cold storage

• Alfalah Islamic Silos/Storage Zarie Sahulat: 

Alfalah Islamic financing facility for working capital and fixed investment needs for construction of cold storage, godown, bins, silos, structure for storage of wheat, steel/metal capsules, hire charges for storage of raw agricultural products

• Alfalah Islamic Marketing Zarie Sahulat: 

Alfalah Islamic Agri financing facility for the marketing, packing, processing of the produce and also for export of cotton, cotton yarn, mutton, beef, fruits, vegetables etc.

• Alfalah Islamic Agri Industrial Zarie Sahulat:

Alfalah Islamic Agri financing facility for setting up seeds processing units, installation of fruit and vegetables machinery, milk chilling units, milk plants, polishing, grading, packaging of fruits and vegetables, cotton ginning factories under BMR, compound feed mills etc. 

• Alfalah Islamic Bills / Guarantees Zarie Sahulat: 

Alfalah Islamic Agri Financing facility against agri-produce procurement receipts, purchase of bills, deferred payment leaf vouchers issued by tobacco companies and continuing guarantees