A Saeed Ahmed Lootah Company

Global Experience

In regional countries (Iran, Pakistan and CIS countries inclusive) our group has been very active since the past several years, where we have arranged financing for hundred of millions of dollars. The financing was not only made in the public sector but also in the private sector. We have arranged financing in various countrites in trade, industrial projects, real estate and agricultural sectors.

Over these years we have developed enormous experience and have gained valuable knowledge and expertise of various markets. Our experience in the various markets place us in a very effective position to handle business in different business segment and countries.

Trade Finance

We arrange Short Term Trade Related Financing from 180 days up to 3 years subject to the viability of the transaction against:-

  • Back to back, Usance/deferred payment L/C's, Sight L/C's from various countries.
  • Against goods/inventory in our custody, as collateral in the Free Zones, bonded warehouses.
  • Buy back arrangements. In this financing we supply the raw material to our customers (factories) against bank guarantees that the finished products will indeed be delivered to us. On our side we arrange buy back commitment to our customers (factories) that indeed the finished products shall be bought back. The goods are already pre-sold and FCS has customers.

Industrial projects

FCS arranges financing for Plant & machinery for industrial projects on leasing (Ijarah) or Murabaha (credit sale) basis for medium term maturity. We can also arrange equity participation provided the capital structure of the company meets Islamic criteria. We can also arrange reducing partnership whereby the capital contributed by the financier will diminish by the agreed date.

Real Estate

We arrange financing up to 10 years against the mortgage of the land in the construction period and mortgage of complete project (after construction) until full repayment is made. The mode of financing for Real Estate financing for the construction period is 'Istisna', against a flat rate (service/management cost) however, on completion, the project is handed over to the customer on Murabaha basis (credit sale) with price and profits recoverable for an agreed term.