Taqwa has prepared many schemes for benefit of the general public, Capital Gain Plus A/c is also one of such schemes. This scheme is specially designed for those people who intend to deploy their capital in long term investment. Taqwa provides them a facility to deposit AFN 1,00,000/- (one lac) into Taqwa Capital Gain Plus Account for a period of minimum three (3) years. The expected profit is 0% to 3% per month, payable at the end of every fiscal year. This agreement will be based on the Shari'a principle Mudaraba. In case of loss on the basis of Mudaraba, then the current loss will be merged with the future profit and the capital investment will be secured. As per the Shari'a principle in case of Mudaraba the customer shall be a partner in the profit and the loss as well. But whenever there is loss, oen the customer doesn't accept that situaon. So, as an expediency Taqwa has adopted this proposal.Aer the investment up to twelve (12) months the amount cannot be withdrawn, nevertheless customer can avail the finance facility from Taqwa on the basis of his investment. In case any customer wishes to withdraw his amount then he should inmate Taqwa prior to 60 days in wring. This scheme is based on Shari'a principle called 'Mudaraba'
- Minimum investment is AFN 1,00,000/- with a term of 3 years.
- Expected profit is 0% to 5% per month, payable yearly on maturity.
- Minimum locked in period is 12 months.
- 60 days' notice is required for withdrawal which will be without profit.
- Finance against the investments will be allowed.
- Shari'a term is Mudaraba.
