AlIstisnaa

- Overview
Istisna’ is a contract for the manufacture or construction of a specified asset according to agreed specifications, whereby the manufacturer or contractor undertakes to deliver the asset to the buyer in exchange for an agreed-upon price.

- Service Requirements
Finance request form and specified the real estate to be financed – feasibility study presented by Kuwait Manager Company.

- Benefits
This type of contract provides customer with low cost purchase of assets required for major projects e.g. real estate, equipment etc. which form major load on capital.