Project Finance (Cross Border)
Project Finance (Cross Border)

Taking Ajman Bank's products and services close to the client is one of our basic principles.

We want to help our clients realise their most ambitious projects. In an attempt to support our clients Project Finance division, managed by experienced staff, has developed efficient and pro active structured credit facilities that comply with Shariah guidelines and principles.

Our underwriting capability and close association with regional and international players help us support our clients in this regard. 

The division covers execution of building, electrical and mechanical, infrastructure, oil and gas, power and water projects.

Our Project Finance division provides the following:
 
  • Letter of Guarantee that are required in accordance with the contracts' terms
  • Letters of Credit with Murabaha facility 
  • Mudarabaha structure to finance a project's funding requirements and general working capital needs 
  • Ijara (Lease purchase) for financing capital goods
  • Foreign Exchange.