Islamic Long Term Financing Facility (ILTFF)Islamic Long Term Financing Facility (ILTFF)

Islamic Long Term Financing Facility (ILTFF)

Bank Alfalah Islamic has introduced Alfalah Islamic Long Term Financing Facility (ILTFF), based on State Bank of Pakistan’s ILTFF scheme, to provide necessary financing to the exporters on concessional rates for adoption of new technologies and modernizing their plant and machinery in line with the international competitive environment via Islamic platform under Shariah compliant solution.

Eligibility Criteria:

Under this scheme, BAFL- IBG will facilitate exporters for purchase of imported or locally manufactured new plant, machinery and equipment for their export-oriented projects through financing in local currency. 

  • Facility will be available to the export oriented projects only if their annual export is at least equivalent to USD 5 million or 50% of their sales, whichever is lower.
    • Financing is available for new projects based on projected exports. New projects are required to meet minimum export target as specified in SMEFD Circular Letter No. 05, 2011 on staggered basis in four years.

Amount of Finance:

Financing shall be available to the extent of the Cost & Freight (C&F) value of the imported new plant and machinery and/or ex-factory/showroom price of the new locally manufactured machinery.


Type of Financing To finance capital expenditures of eligible export oriented projects
Pricing/ Return Maximum End-User rate for all eligible sectors: SBP Policy Rate minus 3%. 
Maximum Financing Limit Maximum financing limit is Rs 2.5 billion.
Tenor Long-term (Max. 10 years with 2 years grace period)

SBP Scheme Link

For more details, visit your nearest Bank Alfalah Islamic branch or call us at 021 111225111.