Individual Salam Agreement (ISA)
Name and purpose of the product:
ISA is a Shariah-compliant financing product specifically structured to support agriculture and livestock-related income-generating activities, ensuring all operations adhere to Islamic principles
Gender
Male and Female
Location
Rural and Urban
Purpose
ISA is a Shariah Financing for agriculture and livestock activities
Target Businesses
All types of Agriculture activities and livestock activities that have Season-incomegenerating activities (SIGA) or Regular-Income-Generating-Activities (RIGA) with
established businesses.
Documents Required
A valid e-NID (Paper NID Exceptional), business license or municipality registration (where applicable), and relevant purchasing documents (bills or invoices).
Age
18-65
Members
Individual
Financing Currency
AFN
Financing Amount
5,000 to 500,000
Financing term
6 to 24 months
Profit Rate
The profit margin is 15% per year (1.25% per month) on a flat rate basis.
Collateral (Title Deed and Guarantor)
Financial guarantor (Business), Family guarantor and Titel deed OR Gold-Deposit-Guarantee