Foreign Bills Purchased / Discounted drawn under Documentary Credit or not drawn under Documentary Credit is a facility granted by the Bank to its customer whereby the Bank purchases, with recourse, the customer’s sight export documents or discounts usance export documents.

Foreign Bills of Exchange Purchased-i drawn under Documentary Credit-i or not drawn under Documentary Credit-i is a facility granted by the Bank to its customer whereby the Bank purchases, with recourse, the customer’s rights to the debt arising from sight or usance export documents.

The Bank finances the export under the concept of Bai’ al-Dayn whereby the Bank purchases the right to the receivable/debt due to the customer from the buyer.