Tamweel+

  • Details
  • How it works
  • Terms & Conditions
  • FAQ's

Tamweel+ supports companies that aim to innovate or expand their business locally or internationally. Tamkeen, in collaboration with various Partner banks, offers Sharia-compliant financing opportunities at a competitive rate.

Subject to our Partner Bank’s approval, Tamkeen will subsidize 70% of the annual nominal profit rate (capped at an 8% reducing balance).
The financing amount ranges from BD 1,000,000 to BD 2,500,000 with an option of a repayment tenor of up to 10 years and a grace period, subject to the bank’s policy.

Eligibility Criteria 

  • All companies seeking to obtain financing may approach our Partner Banks.* The company must provide a feasibility study and the purpose of the financing must be for local or international expansion or diversification.


*Subject to Partner Banks Terms & Conditions.

To apply for this program please contact any of the partner banks at:

Bank                    Call Center    
Al Baraka Islamic Bank 17535300  
Ithmaar Bank 1758 5000  


Required documents

• Application form obtained from the bank
• Terms & conditions form obtained from the bank
• Feasibility Study
• Latest bank statements
• Latest electricity bills
• Copy of the enterprise Commercial Registration (CR) or/and license required
constitutive documents (copy of Partnership Agreement Memorandum and Article of Association and any constitutive documents)
Smart Card and Passport copy of enterprise owner
• Audited or in-house Financial Report subject to the bank’s policy

Note: Additional documents might be required subject to the terms and conditions of the bank. 

Note: Terms & conditions may vary by Partner Bank. 

1.How much can I get from the bank and how is the amount determined?
2.For what purpose can I use the amount?
3.How long is the repayment tenor? Can I get a grace period?
4.How will I receive Tamkeen’s subsidy?