SME Murabeha Agreement (SME-MA)
Name and purpose of the product:
SME-MA is a Shariah-compliant financing product specifically structured to support for Regular-IncomeGenerating-Activities ensuring all operations adhere to Islamic principles.
Gender
Male and Female
Location
Urban and Semi-Urban
Purpose
SME-MA is a Shariah Financing for Regular-Income-Generating-Activities
Target Businesses
All types of regular-income-generating activities, excluding seasonal activities (e.g., agriculture), that employ two or more employees, are registered with the government, and maintain proper business records
Documents Required
Submission of e-NID, relevant purchase documents (bills), Business License, and financial information (if available) is required for financing. All documents and procedures comply with Shariah principles and applicable laws.
Age
18-65
Members
1 Person
Financing Currency
AFN
Financing Amount
501,000 to 1,500,000
Financing term
6 to 24 months
Service Charge/Profit
1.25% Flat/Month
Collateral (Title Deed and Guarantor)
Financial guarantor (Business), Family guarantor and Titel deed OR Gold-Deposit-Guarantee