Taqwa has prepared many schemes for benefit of the general public, Call Finance is also one of such schemes. As per the procedure of this scheme, those people who come across many occasions/business opportunies in the market to carry out some business, but due to unavailability of the required cash they cannot make use of such occasions. Under such condion a customer can contact Taqwa and with the help of Call Finance facility, he can earn a good profit. Taqwa will provide Call Finance to such customers only who have already maintained a specific “Credit Lines” with Taqwa. Taqwa will execute an agreement with customer which will be called “Purchase Commitment Contract” and “Sale Commitment Contract”. And the profit earned under this finance scheme will be disbursed as per the Shari'a principle 'Mudaraba' or 'Musharaka'.
- Financing term is 7 working days.
- Profit sharing ratio as agreed beforehand.
- Processing fee is AFN 500/-.
- Documentation fee is minimum AFN. 500/.max 1% of the value.
- No hidden cost. All hidden benefits.
- Shari'a term is Mudaraba.