Term Financing


Term Financing

Shabelle Bank will offer “Shari’ah” compliant term loans under the Islamic Musharakah principle. It is an agreement under which Shabelle Bank provides capital for the business to engage in profit-generating – “Shari’ah” compliant activities. The profit/lossesare distributed between the bank and the businessat predetermined ratios.Shabelle Bank will act as the sleeping partner and the customer will be the main working partner, of the partnership. A Bank representative will be observing the activities of the business.




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