BML Islamic

Bank Guarantee

Based on the concept of Wakalah and Kafalah, our Bank Guarantee facility is offered for businesses to strengthen and/or secure an obligation in their contract, such as performance of projects or making payments.

Under this facility, following guarantee products will be offered:

BML Islamic Bid Guarantee
BML Islamic Performance Guarantee
BML Islamic Shipping Guarantee
BML Islamic Advance Payment Guarantee
BML Islamic Payment Guarantee
BML Islamic Guarantee Advising
Other Guarantees Acceptable by Shari’ah

Benefits

Fully Shariah Compliant
Accessibility for customers throughout the nation
Fast and easy process if 100% margin is kept

How do I apply?

If you're ready to apply, call our Contact Center at 3330200 and arrange for a convenient time to visit BML Islamic Male’ Branch if you are in Male'. You can also visit any of our branches outside Male’ where our team will be happy to help you with your financing application.

Useful downloads

BML Islamic Bank Guarantee Application Form

English / Dhivehi