ABS & Co has successfully advised on a PKR 100 million Shariah-compliant Murabaha financing facility for the procurement of raw materials. The transaction was meticulously structured as an asset-backed Islamic working capital facility, tailored to meet specific commercial requirements while ensuring full adherence to Islamic finance principles.
The firm’s role included comprehensive advisory on the Murabaha structure, transaction sequencing, and Shariah-compliant risk allocation. ABS & Co provided critical legal oversight on the agency arrangements for the purchase of goods, the transfer of title and risk, and the establishment of pricing mechanics and payment obligations. Furthermore, the firm advised on the legal enforceability of the Murabaha Facility Agreement, associated declarations, security documents, and promissory notes.
Throughout the process, ABS & Co supported the client in the drafting, review, and finalization of the full suite of Murabaha documentation. This ensured complete alignment with Pakistani law and commercial banking expectations. The successful implementation of this PKR 100 million facility underscores the firm’s specialized capability in providing bespoke Shariah-compliant financing structures for corporate clients in the industrial sector.
This matter was led by Partner Bakhtawar Bilal Soofi.
