- The bank covers the costs of financing the establishment of clinics and medical devices for doctors within easy premiums and easy terms and conditions.
- The Product Purpose:
- Finding the appropriate financing within the provisions of Islamic Sharia for the financing costs of equipping clinics and medical devices for doctors within easy premiums and easy terms and conditions.
- Finding a competitive product among banks that would attract a large segment of society and through which the rest of our products shall be spread.
- Financing the purchase of medical supplies and medicines.
- Spreading the bank’s name within the category of doctors that is one of the target groups to attract.
- Keeping up with the market to ensure competition within the banking products required in the Iraqi market.
- Target Groups: The applicant for financing is required to be a practicing physician for a period of no less than 3 years inside Iraq.
- Financing Percentage: 100% of the value of the costs of financing the establishment of clinics and medical devices for physicians.
- Age of the Customer or Sponsor: From 30 Years to 63 Years
- Financing Ceiling:
- Minimum = 5 Million Iraqi Dinars
- Maximum = 50 Million Iraqi Dinars
- Financing Term: Maximum of 36 months
- Profit Rate: 7%
- Example:
| Financing Amount | Profit Rate | Financing Term Month | Total Financing Including Profit | Monthly Premium | Total Financing Profit |
| 40,000,000 | 7% | 36 | 48,400,000 | 1,344,444 | 8,400,000 |
| Except for the administrative and operational commissions charged to the bank |