This product aims to provide financing according to the principles of Islamic Shariah for business owners, farmers, service providers, and factory owners with the goal of reducing operational expenses and preserving a green environment.

Features:

  • Convenient repayment periods for financing installments (monthly or seasonal).
  • Easy and fast financing procedures.
  • Application for financing/repayment of installments can be done through bank branches, electronic services, and the network of agents located throughout Yemen.
  • Easy and accessible guarantees.
  • Provision of technical support services, including financial analysis and consultations, for clients in the medium, small, and micro-projects sector.
  • Compliant with the regulations and guidelines of the Shariah Supervisory Board.

Requirements:

  • The applicant for financing must be a Yemeni citizen,
  • aged between 18 and 60 years.
  • The applicant must possess a valid national ID.
  • The applicant must be the owner of the business activity.
  • Proof of ownership of the business activity is required.
  • Ability to provide the necessary guarantees.
  • The client's business activity must have been operational for a minimum of 6 months.
  • All licenses must be valid.
  • Approval of the client's economic and social assessment.