This program is dedicated for financing inter-Arab countries import operations, or export of commodities of Arab origin or those having not less than (40%) value added ( of the origin of the commodity), or productive capital commodities, as well as related services, imported from non-Arab countries into Arab Countries .
Exporters and importers in Arab countries dealing in commodities qualified for re-financing by the program.
Interest rate between 2% to 3.5% shall be applied, in addition to variable interest rate equivalent to LIBOR on US $ deposits (London Interbank Offered Rate) for six months, plus a margin at:-
Financing up to 85% of the import invoice value
Repayment period up to (2) years, and may reach (5) years in case of capital commodities.
Provide funding necessary for imports and/or exports, based on type and nature of commodities, provided that funding shall be against Documentary Letters of Credit or collection policies.