What is Bai’ al-Dayn Bi Al-Sila’
BDBS or Commodity Debt Trading is a financing concept where the debt owner sells his rights to the debt in exchange for a commodity, to another party at an agreed price. In this case, Clients (Contractor/Vendor) must sell their rights on the debt to us at Shoraka Global Capital Sdn. Bhd. (SGC).
Application
Submit all required documents to us
Onboarding
The verification period will take around 14 working days
Cash Disbursement
Fast and reliable payment transfer from SGC to you
TAWARRUQ IN BDBS – According to the Shariah principles of BDBS through the Tawarruq mechanism, the client (contractor/vendor) will exchange his receivables based on invoices with commodities from Shoraka. After that, the client will sell the commodity to a third party.