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Guarantee Type
Guarantee Type
Advance Payment
Bid Bond
Customs
Payment
Performance
Retention
Warranty
Zakat
Saudi Riyal
United States Dollar USD
Euro EUR
UAE Dirham AED
Qatari Riyal QAR

Frequently Asked Questions

The duration varies based on the project or contract, but most guarantees range from a few months to up to 2 years.

Yes. SIB can issue guarantees that support both local and international trade and beneficiaries as part of its trade finance services.

Yes. SIB’s guarantees are provided within its broader trade finance offering under its Shariah Committee’s supervision to ensure compliance with Islamic finance principles.

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