Win More Opportunities with Confidence
Ghazanfar Bank’s Bid Bond helps businesses participate confidently in tenders by providing the required financial assurance to the tendering authority. It demonstrates your commitment and strengthens your credibility as a bidder.
Shariah Basis: Kafalah and Wakala (Guarantee) – a Shariah-based guarantee provided by Ghazanfar Bank on behalf of the customer.
02
Performance Guarantee
Turn Contracts into Successful Projects
Ghazanfar Bank’s Performance Bond provides the assurance your business needs to secure and execute contracts with confidence. It demonstrates your commitment to fulfilling your contractual obligations.
Shariah Basis: Kafalah and Wakala (Guarantee) – Ghazanfar Bank provides a Shariah-based guarantee to the beneficiary on behalf of the customer.
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Advance Payment Guarantee
Access Your Contract Advance with Confidence
Ghazanfar Bank’s Advance Payment Bond helps businesses secure advance payments required to mobilize and commence projects. It provides assurance to the beneficiary while supporting your business cash flow.
Shariah Basis: Kafalah and Wakala (Guarantee) – a Shariah-based guarantee securing the customer’s obligation related to the advance payment.
The details that matter
A closer look at Bank guarantees.
Understand the published features and prepare for a conversation with our team.
Ghazanfar Bank’s Bid Bond helps businesses participate confidently in tenders by providing the required financial assurance to the tendering authority. It demonstrates your commitment and strengthens your credibility as a bidder.
Shariah Basis: Kafalah and Wakala (Guarantee) – a Shariah-based guarantee provided by Ghazanfar Bank on behalf of the customer.
Strengthen your tender submission
Meet bid security requirements
Enhance your business credibility
Access opportunities with government and private organizations
Shariah-based guarantee solution
02
Performance Guarantee
Turn Contracts into Successful Projects
Ghazanfar Bank’s Performance Bond provides the assurance your business needs to secure and execute contracts with confidence. It demonstrates your commitment to fulfilling your contractual obligations.
Shariah Basis: Kafalah and Wakala (Guarantee) – Ghazanfar Bank provides a Shariah-based guarantee to the beneficiary on behalf of the customer.
Strengthen your contract award
Demonstrate commitment and reliability
Build trust with project owners
Support participation in major projects
Shariah-based guarantee solution
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Advance Payment Guarantee
Access Your Contract Advance with Confidence
Ghazanfar Bank’s Advance Payment Bond helps businesses secure advance payments required to mobilize and commence projects. It provides assurance to the beneficiary while supporting your business cash flow.
Shariah Basis: Kafalah and Wakala (Guarantee) – a Shariah-based guarantee securing the customer’s obligation related to the advance payment.
Secure advance payment requirements
Support faster project mobilization
Strengthen business cash flow
Build confidence with project owners
Shariah-based guarantee solution
04
Retention Guarantee
Keep Your Working Capital Working for You
Ghazanfar Bank’s Retention helps eligible contractors and suppliers replace contractual cash retention with a bank guarantee, subject to the beneficiary’s acceptance. This can help businesses maintain liquidity while meeting contractual requirements.
Shariah Basis: Kafalah and Wakala (Guarantee) – a Shariah-based guarantee provided by Ghazanfar Bank to secure the customer’s contractual obligation.
Unlock funds held as retention
Improve working capital availability
Support uninterrupted project execution
Maintain required contractual security
Shariah-based guarantee solution
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Payment Guarantee
Ghazanfar Bank’s Payment Guarantee provides assurance to beneficiaries that the Bank will make payment on behalf of its customer, subject to the terms and conditions of the guarantee, in the event that the customer fails to fulfil its payment obligations.
The facility supports businesses in meeting their contractual and commercial commitments, strengthening confidence between buyers, suppliers, contractors, and other business partners.
Issued in favour of eligible beneficiaries based on the customer’s underlying transaction.
Supports domestic and international trade and commercial transactions.
Provides added assurance to suppliers and business partners.
Structured in accordance with Shariah principles and the Bank’s applicable policies and procedures.
Subject to credit assessment, required security/collateral, and applicable terms and conditions.
Your next step
Let's get you ready.
A conversation with your branch helps you confirm the information and choose your next step.
01
Identify the guarantee
Choose the type that relates to your tender or contract requirement.
02
Share your requirements
Discuss the beneficiary, wording and underlying contract with the bank.
03
Confirm the terms
Review charges, security, duration and the issuance process.
Good to know
Your questions, answered.
Which guarantee types are published?
Bid, performance, advance-payment and retention guarantees are all listed on the bank's official page.
Are charges or security requirements listed online?
The source does not publish specific charges or security requirements. Ask the bank to confirm the terms for your contract.
A conversation makes a difference
Let's move forward together.
Our team can confirm current availability, charges and requirements for you.
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