Istisna is a mode of sale at an agreed price whereby the buyer places an order to manufacture, assemble, construct or to do anything to be delivered at a future date. Istisna is a short-term fund-based facility.
In Istisna, a sale contract is executed for the future supply of goods. The facility can be provided to facilitate payment of wages and overheads. This product can suffice the requirements of textile sector, manufacturing industries, storage & communication etc.