Bank AlJazira offers a comprehensive range of Islamic banking services, including trade services and finance products through specialized divisions. Our dedicated team ensures the development of trade products and provides technical support to clients.
Key Benefits
Exceptional customer care
We are committed to enhancing your global business operations.
Letters of Guarantee
A letter of guarantee from Bank AlJazira assures payment to the beneficiary upon request, based on specific conditions.
Types of Guarantees Offered
Bid Bonds & Performance Bonds
Ensure commitment in tenders and projects
Advance Payment Guarantees
Support clients in securing advance payments against a bank guarantee
Financial Guarantee Letters
Assure third parties of the client's financial obligation
Maritime Guarantee Letters
Facilitate goods release at ports when original documents are delayed
Quick Issuance: All guarantees are issued within two hours of document submission.
Letter of Credits
A letter of credit from Bank AlJazira guarantees payment for goods or services on behalf of the client, provided the necessary documents are presented. This fosters trust between importers and suppliers, minimizing risks in transactions.
Import Documentary Credits
Irrevocable Commitment
Supports both international and domestic trade
Guarantee for Suppliers
Ensures payment upon document presentation within the specified timeframe
Same-Day Issuance
Local and foreign letters of credit issued upon document completion
Deferred Payment Financing
Available under favorable terms
Export Letter of Credits
Commitment from Buyer's Bank
Ensures payment upon shipment and document submission
Quick Notification
Incoming letters of credit notified within two hours
Document Processing
Fast acceptance of documents and time drafts
Confirmation Option
Assures payment even if the issuing bank defaults
Financing Options
Deferred payment for exporters
Export LC refinancing for early payment
Pre-shipment financing for working capital needs
Collection Documents
Used in Established Relationships
Facilitate payments based on agreed terms
Types
Outward and inward collections
Payment Notifications
Receive updates for outgoing and incoming documents
Avalisation for Collection Bills
Provides a guarantee to ensure exporter payment
Trade Service Application Forms
Below are the available trade finance service request forms:
- Letter of Credit - Issuance
- Letter of Credit - Amendments
- Letter of Credit - Joint
- Letter of Guarantee - Issuance
- Marine Letter of Guarantee Issuance and Client Agreement
Click here to view forms
Financing
Bank AlJazira offers tailored financing solutions and options designed to help you efficiently grow your business, adapt to changing market conditions, make effective business decisions, and seize new business opportunities. Our products and services are fully compliant with Islamic Sharia principles and are designed to meet and support your business needs for sustainable growth.
Issue guarantees and letters of credit backed by 100% cash collateral with no credit facility required.
Get liquidity before credit maturity through Islamic Tawarruq principles to support cash flow and business growth.
Support local exporters with risk-managed financing for international transactions.
Contact Us Through
Request for a call or a meeting
Contact Trade Sales Team: TradeSales@BankAljazira.com or visit your nearest Bank AlJazira Corporate Center.
Customer Service: 8002449090